Editing Price controls (section)

====Sri Lanka====

In Sri Lanka, the Consumer Affairs Authority has the power to set the Maximum Retail Price (MRP) for goods specified by the government as essential commodities.<ref>{{Cite web |title=Pricing and Management Division |url=http://www.caa.gov.lk/web/index.php?option=com_content&view=article&id=122&Itemid=749 |access-date=2023-07-08 |website=www.caa.gov.lk}}</ref> In 2021 the Sri Lankan government enacted price controls on several essential items resulting in shortages.<ref>{{Cite web|url=https://www.aljazeera.com/news/2021/8/31/sri-lanka-food-prices-emergency-forex-crisis|title=Sri Lanka declares food emergency as forex crisis worsens|website=Al Jazeera|access-date=2022-02-17}}</ref><ref>{{Cite web|url=https://www.aljazeera.com/news/2021/10/8/sri-lanka-allows-sharp-rise-in-food-prices-to-ease-shortages|title=Sri Lanka allows sharp rise in food prices to ease shortages|website=Al Jazeera|access-date=2022-02-17}}</ref>