Milk powder importers and wheat flour companies today (23) assured Minister of Trade, Wasantha Samarasinghe, that the prices of imported milk powder and wheat flour in the country will not be increased.
They further pledged that sufficient stocks of imported milk powder and wheat flour will be supplied for the next three months, and confirmed that no price hikes of any kind will be introduced until the end of the upcoming New Year season.
The assurance was given during a meeting convened at the Ministry to discuss the impact of the prevailing war situation on supply and distribution networks and the need to maintain uninterrupted supply.
Milk powder importers and wheat flour companies acknowledged that rising fuel prices and the depreciation of the dollar had affected production costs, but emphasized their commitment to work with the government to provide relief to the public during this difficult period.
The companies also highlighted that fuel quotas have disrupted distribution operations.
In response, Minister Samarasinghe instructed them to register with a newly introduced special data collection program aimed at identifying the fuel requirements of transport service providers engaged in food distribution and ensuring proper planning in the sector. (Newswire)