The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Coronavirus UpdatesTue Sep 22, 2020 1:31 pmThe Invisible
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
DIPD.N0000 (Dipped Products PLC)Mon Sep 07, 2020 8:47 amBeta
Plantation Sector UpdatesMon Aug 24, 2020 10:00 amserene
අනං මනං! #/+?.<>Tue Aug 18, 2020 11:15 pmYin-Yang
Dividend AnnouncementsMon Aug 17, 2020 1:27 pmRana
Ceylon Tobacco CTCSun Aug 16, 2020 5:11 pmThe Invisible
Sunshine HoldingsFri Aug 14, 2020 9:39 pmThe Invisible
HAYC - HaycarbFri Aug 14, 2020 10:15 amBeta
Tokyo CementThu Aug 13, 2020 11:45 pmThe Invisible
LOLC HoldingsWed Aug 12, 2020 3:52 pmThe Invisible
SLTL.NWed Aug 12, 2020 11:06 amThe Invisible
Gota's EraTue Aug 04, 2020 8:49 amyellow knife
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 2652
Join date : 2016-11-28
Age : 41

Sri Lanka to control imports except oil and medicines, grow vegetables: Minister Empty Sri Lanka to control imports except oil and medicines, grow vegetables: Minister

on Thu Apr 02, 2020 8:48 pm
ECONOMYNEXT – Sri Lanka will ban all non-essential imports except for fuel and medicine and launch a drive to grow vegetables, Co-cabinet Minister Ramesh Pathirana said as the island battled against Coronavirus and the currency came under pressure from liquidity injections.

“The government has decided to ban and limit non-essential imports except essential drugs and fuel,” Minister Pathirana said.

“The main objective is in the near future to build a strong domestic agriculture and strong domestic industries.”

He said domestic agriculture would be encouraged as many countries may restrict food exports in the near future.

Minister Chamal Rajapaksa is launching a vegetable cultivation drive to grow Kollu, Undu, red onion, turmeric and also utilise unused land.

The comments came as Sri Lanka ratcheted up liquidity injections with the central bank purchasing Treasuries and CB re-financed credit scheme was launched, raising fears of further monetary instability.

Sri Lanka has already halted the import of vehicles and a series of non-essential items as the rupee came under pressure. (Colombo/Apr02/2020)
Back to top
Permissions in this forum:
You cannot reply to topics in this forum