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Fuel crisis drove fish prices high last year – CB

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The prevailing economic crisis dealt a huge blow to the country’s fisheries sector resulting in setbacks and decline of production thereby raising the retail prices of fish during last year, says the Central bank in its latest annual report.

The seventy third Annual Report of the Monetary Board of the Central Bank of Sri Lanka released recently (April 27), shows that the challenges posed by the economic fallout caused the decline of total fish production by 8.9 per cent to 397,230 tonnes in 2022, compared to the previous year.

The drop has been mainly driven by the disruptions caused by domestic fuel shortages on fishing activities and supply chains, particularly in relation to marine fishing activities.

The marine fish production, which accounted for about 71 per cent of the total fish production in 2022, declined by 15.4 per cent, year-on-year, to 280,610 tonnes in 2022.

Retail prices of fish varieties remained broadly elevated in 2022 as a result of increased logistics costs, while upward revisions in kerosene prices in August and November 2022 kept prices at higher levels in the latter part of the year, compared to the corresponding period of 2021.

According to the Ministry of Fisheries, total fish exports contracted by 3.8 per cent, year-on-year, reflecting the subdued performance of the sector, whereas fish imports reported a year-on-year contraction of 25.7 per cent, in volume terms, during the period under review.

Amidst the energy crisis, the fishery sector encountered several setbacks, prompting the Government to take several measures to ensure the continuity of fisheries activities during turbulent times, thereby safeguarding the sector from severe economic shocks and enhancing the performance of the fishing industry. Accordingly, provisioning of fuel for fishery activities was ensured by enabling a manual system, while identifying filling stations in major fisheries regions on a priority basis to distribute limited fuel stocks, the report said.



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Implementation of water supply projects in small town and rural areas.

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Access to safe drinking water for populations residing in small towns and rural areas of Sri Lanka has not yet been fully ensured, and this continues to pose a major challenge to the country’s social and economic development.

With a view to overcome this situation, a programme has been planned to provide clean drinking water to approximately 600,000 families living in semi-urban and rural areas through the implementation of 300 projects covering 50 small towns and rural areas.

The projects are aimed at establishing safe, reliable and sustainable drinking water supply systems, with water to be treated through modern purification technologies, including chlorination and filtration systems, in conformity with national and international drinking water standards.

Accordingly, having considered the resolution furnished by the Minister of Housing, Construction and Water Supply, the Cabinet of Ministers granted approval for the implementation of the proposed programme by the National Water Supply and Drainage Board and the National Community Water Supply Department during the period 2027–2029, subject to the conduct of a feasibility study on the proposed programme and inclusion in the Public Investment Programme based on its outcome.

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Cabinet nod to submit Import and Export (Control) Regulations No. 04 of 2026 to Parliament for its concurrence

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Hydrochlorofluorocarbons (HCFCs), which are chemical compounds widely used in refrigerators and air conditioning units, are being globally phased out under the Montreal Protocol due to their high potential for ozone layer depletion and global warming.

Sri Lanka has likewise committed to phasing out these chemical substances by the year 2030 in a stepwise manner. Accordingly,
regulations under the Import and Export (Control) Act, No. 1 of 1969, namely the Import and Export (Control) Regulations No. 04 of 2026, published in Extraordinary Gazette Notification No. 2487/29 dated 2026-05-07, have been issued, prohibiting, with effect from 2026-06-06, the importation of equipment and appliances that operate solely on hydrochlorofluorocarbons, and prohibiting, with effect from 2028-01-01, the importation of compressors used as components in refrigeration systems of equipment and appliances that operate solely on hydrochlorofluorocarbons.

Accordingly, the Cabinet of Ministers has approved the resolution furnished by the  President in his capacity as
the Minister of Finance, Planning and Economic Development to submit the aforementioned Regulations to Parliament for its concurrence.

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Declaration of Elephant Migratory Corridors to minimize HEC in Monaragala and Hambantota districts

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Wild elephants inhabit approximately two-thirds of the land area of Sri Lanka, and it has been identified that the rapid obstruction of elephant habitats and migratory corridors due to various development projects and human activities has directly contributed to the escalation of human–elephant conflict.

It has been recognised that, in order to mitigate such conflict to a certain extent, the protection of wild elephant habitats and migratory corridors must be undertaken as a matter of urgency.

The Department of Wildlife Conservation is currently engaged in identifying wild elephant migratory corridors in collaboration with relevant Divisional Secretaries, stakeholder agencies, and organisations.

Under the Wild Elephant Migratory Corridor Identification Programme in Monaragala District, the Wild Elephant Migratory Corridor from Handapanagala to Demodara
across Menik Ganga (River Menik) up to Yala National Park  has been identified, and approval has been granted by the Monaragala District Coordinating Committee for that.

The Elephant Migratory Corridor from Yala National Park’s Zone VI -Lunugamvehera National Park to Udawalawe National Park has already been declared as the Wetahira Kanda Nature Reserve in 2002.

Within this area, five (05) licensed land plots have been identified, and these lands have not yet been developed.

Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Environment to take the following measures:

To declare, under the provisions of the Flora and Fauna Protection Ordinance, the elephant migratory corridor from Handapanagala in Monaragala District to Demodara across Menik Ganga up to Yala National Park as a sanctuary.

To provide alternative land outside the wildlife reserve area in lieu of the five (05) licensed land plots located within the Wetahira Kanda Nature Reserve area, and to re-declare the Wetahira Kanda Nature Reserve as an elephant migratory corridor.

To acquire, upon payment of compensation, land parcels containing buildings constructed in a manner that obstruct the Koholankala elephant corridor in the Hambantota District, and to declare the relevant area of the Hambantota Wild Elephant Management Reserve as a sanctuary.

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