Eggs to be imported as prices continue to soar

Eggs to be imported as prices continue to soar

December 16, 2023   07:09 am

The State Trading Corporation has been granted permission to import eggs until April 2024, Trade Minister Nalin Fernando says.

Speaking to the media following an event held on Friday (Dec.15), the lawmaker said imported eggs would be sold to the consumers at Rs. 35 each.

He mentioned that the decision to import eggs was taken in a bid to control the unreasonable increase in the price of eggs in the local market.

Fernando also said the government would continue to import eggs if local egg producers fail to bring down the exorbitant prices.

Meanwhile, the already-imported stocks of eggs would be released to the local market for the festive season, he added.

The decision comes after egg producers told the minister that eggs cannot be sold below Rs. 55 each until the end of Christmas.

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