Sri Lanka will import 50,000 metric tons of rice from Bangladesh to confirm food security and regulate the mounting price of Sri Lankan’s staple food.
The cabinet has given consent to buyi the rice stock from Bangladesh on a Government-to-Government basis.
The action has been taken in keenness of the demand that will begin during the upcoming festive season.
The import of rice is to be transported instantly and the stocks will be distributed through island wide supermarkets of Lanka Sathosa, the state-owned wholesale and retail grocery network at a reasonable price.
Sri Lanka’s rice produce has been hit by the sustained drought in the rice producing districts of Polonnaruwa, Hambantota, Moneragala, Ampara and Vavuniya. The Maha 2014 drought seriously damaged rice production and is intimidating to drastically limit the approaching Yala harvest.
The suggestion to obtain this stock of rice from Bangladesh was proposed to the Cabinet by President