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85%  
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Keyword: privatestocks

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  • Sri Lanka raids sugar stocks as food shortages bite

    09/06/2021 3:08:50 PM PDT · by dynachrome · 40 replies
    Yahoo ^ | 9-1-21 | Yahoo
    Sri Lankan government officials on Wednesday raided private warehouses to seize thousands of tonnes of sugar, a day after a state of emergency was declared over food shortages caused by a currency crisis. A military officer put in charge of efforts to bolster food stocks said at least 13,000 tonnes of white and brown sugar were found in the raids. "The objective is to prevent hoarding," Major General Senarath Niwunhella, who was named commissioner general of essential services on Tuesday, told AFP. He denied the sugar was being confiscated. "The government will pay a reasonable price to the importers based...