to come down
By Chamintha Thilakarathna
Despite promises by the Finance Minister that prices of essential
goods would be reduced, price cuts on some essentials are not likely
as dealers complain they are not in a position to do so.
not be able to introduce a price cut in keeping with the suggested
reduction of 6.5% on the price of wheat flour," President of
the Sri Lanka Bakers Association Parakrama Dasanayaka said.
He said that
in February the price of bread and buns was brought down by about
6% and they are not in a position to reduce prices further.
fuel and flour prices shot up the price of bread was kept constant
as a relief to the public," he said.
are also likely to remain stagnant despite reduction in fuel (petrol
and diesel) prices from tomorrow as transporters are not willing
to reduce their charges.
no plans to reduce our rates. Even when fuel prices were increased
we did not increase prices, so we don't see why we need to reduce
prices now. We will continue with our fixed rates," Managing
Director at Jayagiri Transporters K.D.K. Jayatilleke said.
agreed that changes in fuel prices would not affect their rates.
Therefore, prices of upcountry vegetables are likely to remain the
School van owners
and three-wheeler owners said it won't be possible to reduce their
the All Island School Children's Transportation Association, R.
Perera said that with the rise in fuel prices recently most school
van operators did increase their charges.
said that he cannot give a guarantee that every school van operator
will bring down their charges although the association will make
a request for this to be done.
dealers and CEB officials said that they are awaiting the green
light for the implementation of the proposed reduction. While CEB
officials said that decisions are still being finalized, reduction
will come with the introduction of VAT.
dealers said they have yet to learn if pharmaceuticals will be exempted
from VAT or not, depending on which their prices could increase
or be reduced.