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Asia 03/03/2016

Sri Lanka: Increases import tax on potatoes, onions

The Sri Lankan President, Maithripala Sirisena instructed the Finance Ministry to increase the import tax for potatoes and big onions, with effect from March 1.

The President gave the instructions at a special meeting held February 29 at the Presidential Secretariat to discuss the issues faced by farmers island-wide.

President Sirisena also imposed a fixed price for 50 kg fertilizer packs for Rs. 2500. The President further directed the officials to credit the fertilizer subsidy of Rs 25,000, which is given to farmers per hectare, to any bank account given by the farmers.

Expressing his views the President said that the Government will not take any decision which will make the farming community uncomfortable. He further stated that the aim of the Government is to lighten the economic burdens on farmers.

(1 Sri Lankan Rupee=0.0069 USD)

Fuente: http://www.freshplaza.com/article/154232/Sri-Lanka-increases-import-tax-on-potatoes,-onions


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