The State Trading Organization (STO) has announced a reduction in the prices of onions and potatoes. In a statement released today, STO confirmed that the updated pricing for these essential commodities takes effect immediately. According to the organization, this initiative aims to alleviate the financial burden on the public and ensure the affordability of staple food items during the month of Ramadan.
STO emphasized its commitment to stabilizing the prices of essential food products and ensuring their consistent availability to the public. As part of these adjustments, the price of onions has been reduced from MVR 12 to MVR 10 per kilogram. Furthermore, the price of a wholesale sack of onions has been slashed from MVR 250 to MVR 190.
Regarding potatoes, the price per kilogram has decreased from MVR 14 to MVR 12. Notably, the price of a sack of potatoes has seen a significant reduction, dropping from MVR 300 to MVR 160. STO informed that these essential goods are available for retail purchase at STO People’s Choice outlets. Additionally, wholesale arrangements have been facilitated through STO’s wholesale centers for those requiring bulk quantities.
