Bangladesh to buy 25,000 metric tonnes of sugar

Dhaka: Before the commencement of Ramadan, Bangladesh is ensuring that the country doesn’t face sugar shortage. According to the reports, to keep the domestic market stable during the festivals, State-run Trading Corporation of Bangladesh (TCB) will buy 25,000 metric tonnes of sugar.

At the meeting presided over by Finance Minister AHM Mustafa Kamal, Cabinet Committee approved the TCBโ€™s procurement proposal.

As per reports, TCB selected two local suppliers through the quotation-based bidding process to buy sugar. At a rate of Tk 61.25 per kg, City Group will supply 25,000 MT sugar.

Kamal said that the measure has been taken to ensure no sugar shortage during Ramadan.

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