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The island nation of Sri Lanka ranks fourth in the world for coconut production, but the market does not match this fruit. The country’s Coconut Minister, Arunadika Fernando, climbed into the coconut tree to explain the reason to ordinary people. Sitting in a tree, he gave a press conference. The Minister said that the demand for this fruit has multiplied in the local industry and the domestic market, resulting in a shortage of 600 million coconuts in Sri Lanka today.
Quoting Sri Lanka’s coconut minister Arunadika Fernando, local news outlet News First wrote that the government would do everything possible to grow coconut on fallow land. In addition, measures will be taken for the development of the coconut industry. Through the development of this industry, large amounts of foreign exchange can be obtained by exporting goods.
Statistics show that coconut production in Sri Lanka has been hit hard in recent times. In the first six months from January to June of this year, 136.7 crore of coconuts were produced, 13.6% less than in the same period last year. Coconut prices in the country are now skyrocketing due to decreased production on the one hand and increased demand on the other, which is causing growing anger among ordinary people.
Sri Lanka’s coconut minister has said that the government has taken steps to control inflation. He also assured that the price will drop very soon. Only time will tell when the price of coconut will drop again. However, workers and supporters of the ruling party are very happy to see how the minister himself held a press conference to explain the reason for the price hike. Source: this time.
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