Govt assures ample Ramadan supplies: Finance Minister

Rtv news

21 Jan 2024, 23:30

Finance Minister Abul Hasan Mahmud Ali has sought to allay concerns among the people by assuring them of an ample stock of all essential products required for the holy month of Ramadan.

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He warned against any attempts to manipulate prices during this crucial period, emphasizing that strict actions would be taken against those engaging in such practices.

His warning came from an emergency inter-ministerial meeting held on Sunday (Jan 21) at the secretariat.

Addressing concerns about potential shortages, Minister Mahmud Ali stated that while the country has sufficient stocks of Ramadan-centric products, there are individuals and groups attempting to exploit the situation for their gain.

The finance minister stressed the government's commitment to dealing with any attempts at market manipulation and assured the public that necessary measures would be implemented.

During the meeting, he highlighted the government's proactive stance in addressing potential issues related to the supply and pricing of essential commodities during Ramadan.

The minister underscored that the government is closely monitoring the situation and would not hesitate to take strict actions if required.

Responding to queries about the dollar crisis, Minister Ali mentioned that initiatives have been undertaken to use multi-currency to tackle the issue.

Bangladesh Bank Governor Abdur Rauf Talukder provided additional insights, noting that the Letters of Credit (LCs) for essential Ramadan products has seen a 15 percent increase compared to the previous year.

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