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Sunday, 20 June 2010

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Prices of essential items could drop with Govt intervention- Johnston

The Government should intervene in the import of essential items as prices could be reduced by about 15 percent, said Cooperatives and Internal Trade Minister Johnston Fernando. The cutoff point of the prices should be decided on by the public sector and it should not continue to be the monopoly of the private sector.

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Local mechanism already set in motion :

Proposed panel of experts unwarranted - Prof. G.L. Peiris

External Affairs Minister Prof. G.L. Peiris had reiterated to the visiting UN Under Secretary General Lynn Pascoe that the proposed panel of experts was unwarranted since Sri Lanka has already set in motion its local mechanism to address accountability issues.

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