Local News

Egg price reduction is relevant only to the public sector

By Sahan Rathanasekara

February 27, 2023

Although the import tax imposed on the import of eggs has been reduced recently, it is only relevant to the public sector, says Finance Minister Ranjith Siyambalapitiya.

Mr. Ranjith Siambalapitiya, who gave further comments, said that the reason for importing eggs was the shortage of eggs in the country.

The Minister said that although the import duty for eggs will be reduced as the shortage of eggs is an obstacle to maintaining the food production industry, the reduction is only relevant for the Sri Lanka State Trading (General) Corporation.

The minister said that all the imported eggs will be supplied to the manufacturing industries in bulk, and as a result, the local egg producers will not be affected.

The minister said this while speaking to the media while participating in a sports program held in Ruwanwella.