The Cabinet of Ministers has approved to appoint the Cabinet Sub-Committee on the Cost of Living.
The proposal was tabled by the President Gotabaya Rajapaksa.
The proposed Cabinet Sub-Committee will work to keep the cost of living stable by providing policies and practical solutions focusing on the market demand and supply fluctuations, weather effects, seasonal product changes ,and international market prices.
The Prime Minister and the Ministers of Trade, Agriculture, Fisheries, and Plantation will be members of the Sub-Committee chaired by the President.
Approval was also granted to obtain the participation of the following State Ministers for the functions of the Sub-Committee
- State Minister of Paddy and Grains, Organic Food, Vegetables, Fruits, Chillies ,Onion and Potato cultivation.
- State Minister of Coconut, Kithula, Palmyrah and Rubber Cultivation promotion and related industrial Product Management Export Diversification.
- State Minister of Coconut, Kithul, Palmyrah and Rubber Cultivation Promotion and Related lndustrial Product Manufacturing and Export Diversification.