Bakery Owners To Reduce Price Of A Loaf Of Bread By Rs.5 Within Next Few Days -Other Bakery Products To Follow ?

All Ceylon Bakery Owners Association has agreed to reduce the price of a loaf of Bread and other Bakery Products  by Rs.5 within next few days during a meeting held with representatives of Bakery Owners Association and Minister Rishad Baduideen in Colombo today (19).

During the meeting Minister Baduideen has promised the Bakery Owners to reduce the Flour price which was increased recently by Rs.5 from the same amount according to President of Bakery Owners Association N.K Jayawardana .

Minister Baduideen has ordered the officials of Consumer Affairs Authority who had participated at the meeting to inform the two flour importing companies in the country including Prima Company to reduce the flour price  by Rs.5 with immediate effect . The meeting was summoned to discuss on the problems faced by Bakery Owners.

Meanwhile Consumer Affairs Authority has decided to take a legal action against the two companies importing flour over increasing the price of Flour without a prior approval of the Authority .