header logo
Vallibel FD
Mogo Academy
Selan Bank
Latest
No food crisis in Sri Lanka to come out from, Cabraal tells BBC
Sep 11, 202103:53 PM
No food crisis in Sri Lanka to come out from, Cabraal tells BBC
Mobitel inner 1278

State Minister of Money and Capital Market and State Enterprise Reforms, Ajith Nivard Cabraal has reiterated that there is no food crisis in Sri Lanka to come out from.

 

“Like other countries of the world Sr Lanka too faces challenges. They can be overcome through prudent policies. The country’s economic growth rate this year will be 4.5 percent,” Mr. Cabraal said in an interview with BBC.

 

When asked as to why the government denied there is a food shortage while a food emergency has been declared to address the same issue, Cabraal responded that some unscrupulous traders had mischievously hoarded stocks of several food items in order to create an artificial shortage and profit by such exercise. Naturally, government had to take the necessary steps to deal with the situation, he added.

 

Speaking further, the state minister pointed out that the creation of an artificial shortage by unscrupulous elements obviously leads to increases in prices. “If, however, there are laws and regulations to deal with such situations and punish the culprits, it would be a deterrent to those elements to create a situation which leads to higher prices.”

 

The government does not foresee a food shortage in future, Cabraal added.

 

Responding to a question on how much inventory is available in Sri Lanka on rice, fuel, sugar, kerosene oil, LPG, wheat flour and other essential items, the state minister said, “The government can give a categorical and firm assurance that all essential items would be readily available at all times. Food security and Law & Order are two of the top most 2 priorities of the government, and hence the government considers the availability of all essentials as a vital part of its functions.”

 


Full transcript of the interview is produced below:

 

 

 

BBC Answers (Release No - 925) by Adaderana Online on Scribd

 

 

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Sri Lanka at UN backs Palestinian rights; FM Herath urges stronger multilateral action & UN reforms

Namal remanded again in two cases;  CIABOC tells court illicit funds were used for Krrish project

Namal remanded again in two cases; CIABOC tells court illicit funds were used for Krrish project

Metro takes another step forward:  112 more buses added to service as President joins launch

Metro takes another step forward: 112 more buses added to service as President joins launch

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

New education reforms set for Grades 2 and 6 next year; Cabinet gives nod for 2027 implementation

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

39th shooting in 2026 rocks Baddegama; ‘Kalu Nona’ killed in suspected gang rivalry in the South

“Have built a nation where law applies regardless of status” No one is above the law, President says

“Have built a nation where law applies regardless of status” No one is above the law, President says

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Global Power shifting towards Asia from West; Nations battling for supremacy in Indian Ocean –Patali

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Navy seizes Rs. 1.5 billion narcotics haul in Jaffna; One suspect arrested, dinghy seized

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Floodwaters persist as many rivers reach minor flood levels, several areas still inundated

Ex-Deputy Minister Sarana Gunawardena’s wife remanded over bribery charges

Ex-Deputy Minister Sarana Gunawardena’s wife remanded over bribery charges

Sri Lanka’s Parliament approves 22nd Amendment to Constitution with a special majority

Sri Lanka’s Parliament approves 22nd Amendment to Constitution with a special majority

Colombo International Book Fair 2026 Inaugurated at BMICH by Prime Minister

Colombo International Book Fair 2026 Inaugurated at BMICH by Prime Minister

Ajith P. Perera says hasty amendments cannot create new political culture

Ajith P. Perera says hasty amendments cannot create new political culture

Dilith Jayaweera urges MPs to vote according to conscience on 22nd Amendment

Dilith Jayaweera urges MPs to vote according to conscience on 22nd Amendment

Sri Lanka’s rating upgrade reflects continued progress

Sri Lanka’s rating upgrade reflects continued progress

Lassana Flora