No Price Increase In Canned Fish, Says Ravi Karunanayake

Finance Minister Ravi Karunanayake yesterday stated that the price of one kilogram of imported canned fish will not be changed.

He made this observation at a press conference following a Cabinet decision to increase the tax on canned fish

The Cabinet decided to impose a tax of 100 rupees on a kilogram of canned fish, which is being imported to the county.

Meanwhile, Karunanayake insisted that Sri Lanka has no need to get a loan from the International Monetary Fund under the prevailing economic conditions. The country had received US $ 1.2 billion investment, explained the Minister.