The Cabinet Committee on Government Purchase (CCGP) has approved the import of 2.70 lakh metric tons (MT) of wheat to ensure an adequate supply of the staple grain in Bangladesh. The decision was made at the 29th meeting of the CCGP for 2026, chaired by Finance Minister Amir Khasru Mahmud Chowdhury. The committee considered proposals from various ministries, including the Ministry of Food, Ministry of Agriculture, Road Transport and Highways Division, and Energy and Mineral Resources Division.
Details of the Wheat Import Approvals
Among the approved proposals, the Ministry of Food received clearance for two wheat import initiatives. The first involves the procurement of 50,000 MT of wheat under Package-3 for the 2025-26 fiscal year through an international open tender. The wheat will be supplied by M/S Agrocorp International Pte. Ltd., Singapore, at a unit price of US$297.92 per metric ton, with the total procurement cost estimated at Taka 182.84 crore.
In a separate decision, the committee approved the import of 2.20 lakh MT of wheat from the United States under a government-to-government (G2G) agreement. The wheat will be procured at a unit price of US$322 per metric ton, with the total procurement cost estimated at Taka 869.56 crore.
Significance and Implications
The import of 2.70 lakh MTs of wheat is crucial for maintaining an adequate supply of the staple grain in Bangladesh. This move is expected to help stabilize wheat prices and ensure food security for the population. The procurement through both international tender and G2G agreement demonstrates the government's commitment to securing essential food supplies through diverse sourcing methods.
What Happens Next
Following the CCGP's approval, the Ministry of Food will proceed with the procurement process. The imported wheat will be distributed through various channels to ensure it reaches consumers in a timely manner. This initiative is part of the government's broader strategy to manage food supplies and mitigate the impact of any potential shortages.
