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Cement prices to drop by Rs.100



The price of a bag of cement will drop by approximately Rs.100, following a decision to lower the prevailing cess, the Finance Ministry announced.

The ministry said the reduction in the cess on cement was approved by the Committee on Public Finance. The decision was reached during a recent committee meeting chaired by MP Harsha de Silva, Parliament’s Communications Department stated.

The price cut is expected to provide relief to the construction sector and consumers in Sri Lanka.



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