The Sri Lankan government has announced the completion of its rice import initiative, with 167,000 metric tonnes (MT) imported by the set deadline. The program was launched to address the nation’s rice shortage and stabilize market prices amid ongoing challenges in the agricultural sector.

Officials confirmed that the imports were a coordinated effort to ensure sufficient rice stocks to meet domestic demand, particularly during the festive season and in light of production deficits caused by recent crop failures.

Rice imports were sourced primarily from neighboring countries, including India and Pakistan, leveraging trade agreements to facilitate swift delivery. The variety of imported rice includes options suitable for diverse consumer preferences across Sri Lanka.

The influx of imported rice has already impacted market prices, with retail costs stabilizing in key regions. Traders have been instructed to ensure fair distribution and prevent hoarding or price manipulation.

The government emphasized that the import program is a temporary measure and reaffirmed its commitment to strengthening the local agricultural sector. Plans are underway to provide additional support to farmers, including subsidies and improved access to modern farming technologies, to enhance domestic production.

While consumers have welcomed the availability of rice at affordable prices, local farmers have raised concerns about potential market competition from imports. The government has pledged to balance the needs of consumers and producers, ensuring fair practices for all stakeholders.

As the import program concludes, the government’s focus shifts to bolstering local agricultural resilience and preventing future supply shortages.