Finance
Russia | Wheat Import Government to import 5 lakh tons of wheat from Russia
Dhaka, September 1: Through the Ministry of Food, the government will import 500,000 tons of wheat from Russia at the G2G level at a cost of 21.5 crore US dollars (2,042.5 crore taka). Simultaneously, 300,000 tons of parboiled and parboiled rice will be imported from India and Vietnam. On Wednesday (August 31) noon, Finance Minister AHM Mustafa Kamal chaired the Cabinet Committee on Government Procurement held virtually and approved three separate proposals in this regard.
After the meeting, Additional Secretary of the Cabinet Division Md. Abdul Barik said that if a total of 15 proposals were presented including the proposals raised on the table in today's purchase committee, all the proposals were approved.
He said, among the proposals raised on the table is the proposal to import five lakh tonnes of wheat from Russia at G2U level under the Ministry of Food. The price of wheat per kg has been fixed at Tk 40.85. A Russian company is recommended. The total cost will be 2 thousand 42 crore 50 lakh taka.
When asked in which currency it will be purchased, he said, the amount of money has been given in our proposal. There was no discussion on which currency to buy in the meeting. But will be bought in dollars. Accordingly, 21 crore 50 million US dollars, taking 95 taka per dollar. The cost is 430 USD per ton.
