Sri Lanka 2020 Government Sri Lanka

Is Sri Lanka facing a shortage of Sugar?

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COLOMBO (News 1st); Sri Lankan wholesale traders are cautioning of a shortage of sugar.The government had issued three gazettes reducing taxes on imported sugar.

The gazettes ordered the 50-rupee import tax on sugar to be reduced to 25 cents.The first gazette was published on the 13th of October 2020.

Under this, the taxes were reduced for three months.On the 13th of January this year, the tax relief was extended for three months.On the 13th of April, a gazette was issued again extending the relief for six months and this will lapse at midnight.Finance secretary S.R.

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