President Gotabaya Rajapaksa has invoked the provisions of the Public Security Ordinance for the continuous supply of essential food items and the upkeep and maintenance of public life.
These Emergency Regulations will come into effect from midnight today.
According to a government notification, the objective behind the move is to recover the hoarded Sugar, rice and paddy and sell the same at a fair price to the consumers based on the import duties levied by the Customs and the costs incurred on importing them. The regulations will also enable the recovery of the credit facilities granted by the state banks to the importers.
The President has appointed Major General M.D.S.P Nivunhella as the Commissioner General of Essential Services for this purpose.