The government has decided to import 500,000 tones of wheat from Russia.

Cabinet Committee on Government Purchase at a meeting approved some proposals on Wednesday. 

Finance Minister AHM Mustafa Kamal presided over the meeting. 

As per the proposals placed by the food ministry, the wheat will be imported from Russia at a total cost of Tk 2042.50 crore (US$ 215 million) under a government to government (G-to-G) contract.

Additional secretary of the Cabinet Division Md Abdul Barik, who briefed reporters about the cabinet body decision, informed that nothing was mentioned in the purchase proposal as which Russian port will be used in importing the bulk wheat.

Each metric ton of the Russian wheat will cost $430 while per kg at Tk 40.85 considering US dollar exchange rate at Tk 95.

BDST: 1828 HRS, AUG 31, 2022
MSK/SMS