State Minister of Money and Capital Market and State Enterprise Reforms, Ajith Nivard Cabraal has reiterated that there is no food crisis in Sri Lanka to come out from. “Like other countries of the world Sr Lanka too faces challenges. The country’s economic growth rate this year will be 4.5 percent,” Mr. Cabraal said in an interview with BBC. When asked as to why the government denied there is a food shortage while a food emergency has been declared to address the same issue, Cabraal responded that some unscrupulous traders had mischievously hoarded stocks of several food items in order to create an artificial shortage and profit by such exercise. Speaking further, the state minister pointed out that the creation of an artificial shortage by unscrupulous elements obviously leads to increases in prices.

Source: The Nation September 11, 2021 10:18 UTC