Milk powder prices reduced

2019-12-09 at 10:46

The government has reduced the price of a packet of imported milk powder from today.

The Consumer Affairs Authority said accordingly a 1kg packet of imported milk powder will be reduced by Rs.40, while a 400g packet of imported milk powder will be reduced by Rs.15.

Speaking to NewsRadio, a senior official of the Authority said milk powder companies have consented to enforce the decision this week.

The Consumer Affairs Authority said the decision to grant the concession was reached following the government’s recent decision to reduce the Value Added Tax and the Nation Building Tax.