Cabinet Sub-Committee on Cost of Living approved

Green Light given to appoint Cabinet Sub-Committee on Cost of Living

by Zulfick Farzan 27-08-2020 | 2:48 PM

Colombo (News 1st); Cabinet granted approval to appoint the Cabinet Sub-Committee on Cost of Living.

According to a document released by the Government Information Department, 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.

Joint Cabinet Spokesperson Minister (Dr.) Ramesh Pathirana speaking to reporters on Thursday said Cabinet Sub-Committee on Cost of Living will be chaired by the President.

He said the Prime Minister and the Ministers of Trade, Agriculture, Fisheries, and Plantation will be members of the Sub-Committee.

Approval was also granted to obtain the participation of the State Minister of Paddy and Grains, organic Food, Vegetables, Fruits Chillies, onion and Potato cultivation, the State Minister of Coconut, Kithula, Palmyrah, and Rubber Cultivation promotion and

related industrial Product Management and Export Diversification and the State Minister of Coconut, Kithul, Palmyrah and Rubber Cultivation, Promotion and Related industrial Product Manufacturing & Export Diversification, for the functions of the Sub-Committee.