The cabinet committee on purchase on Sunday gave approval for the import of 50,000 tonnes of non-basmati rice and procurement of 2.15 lakh tonnes of urea fertiliser.
The finance minister, AMA Muhith, chaired the meeting held at the Cabinet Division in the Secretariat on Sunday.
The meeting also decided to import 25,000 tonnes of paper for supplying books free of cost to secondary-level students of the 2012 academic year.
After the meeting, the Cabinet Division joint secretary, Nurul Karim, briefed the reporters.
He said 50,000 tonnes of non-basmati rice would be supplied by Phoenix Commodities Pvt Ltd of British Virgin Island at the rate of $509 per tonne. With the exchange rate of Tk 74.50 per US dollar, the government will have to spend around Tk 189.60 crore.
Karim said to improve the stock of fertiliser in the country, the meeting decided to import 2.15 lakh tonnes of urea fertiliser at a total cost of Tk 668 crore. Of the quantity, 2 lakh tonnes of urea will be supplied by Korean Autoen Co. Ltd. while 15,000 tonnes will be procured from Saudi Arabia.
Source : New Age
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