CWE To Import Rice To Meet Shortage

CWE To Import Rice To Meet Shortage
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The Cooperative Wholesale Establishment (CWE) will import 20,000 metric tonnes of rice a month to meet shortage and to control prices.

The CWE will maintain a buffer stock of 100,000 metric tonnes also to meet exigency.

Price controls have been imposed on rice in light of dwindling supplies as a result of the drought.

Private traders are already importing rice, but Trade Minister Rishard Bathiudeen has stated that prices have not come down fast enough.

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