Animal Product Firms Pledge to Absorb VAT Hike, Avoiding Price Increases

COLOMBO (News 1st); Amidst concerns surrounding the recent VAT increase in Sri Lanka's 2024 budget, the Sri Lanka Association of Animal Production has assured consumers that the prices of animal products will not be affected.

Addressing potential anxieties about rising costs for essential items like meat and eggs, Sri Lanka Association of Animal Production Chairman Ajith Gunasekara emphasized the association's commitment to protecting consumer affordability.