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Cabinet paper to slash MoP fertilizer price by 50%

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The Minister of Agriculture and Plantation Industries Mahinda Amaraweera has stated that a Cabinet paper has been submitted to reduce the price of (MoP) fertilizer by another 50%.

Accordingly, the Cabinet paper is expected to be approved by President Ranil Wickremesinghe.

At present, public sector fertilizer companies have 28,600 metric tons of MoP fertiliser in stock, the ministry states.

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