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Government to Import 1 Million Metric Tons of Rice and Wheat

The government plans to import 1 million metric tons of rice and wheat to ensure adequate reserves and stable supply, according to Food Advisor Ali Imam Majumder. He also mentioned that the country currently has a stock of approximately 1.3 million metric tons of rice and wheat.

Key Announcements

During a press briefing following the Food Planning and Monitoring Committee meeting held at the Secretariat on Wednesday, January 22, the Food Advisor shared the following details:

  • Stock Levels:
    • 882,000 metric tons of rice
    • 341,000 metric tons of wheat
  • Import Plan:
    The government aims to maintain imports despite upcoming domestic harvests. About 1 million metric tons of rice and wheat are already in the pipeline for importation from countries like India, Myanmar, Pakistan, and Vietnam.

Domestic Collection Challenges

The Food Advisor highlighted a shortfall in domestic rice collection during the Aus and Aman harvest seasons. He expressed optimism about the upcoming Boro season, noting that a good harvest could reduce the country’s reliance on imports. However, to ensure stability, the government is continuing its import activities.

Rice Prices

In response to a journalist’s question about market prices, the Food Advisor remarked that rice prices are stable and have not increased. He added that a further decrease in rice prices would be welcomed.

This proactive import strategy demonstrates the government’s commitment to food security while balancing local production and international supply.

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