In a widely expected decision, the BOJ ditched a policy put in place since 2016 that applied a 0.1% charge on some excess reserves financial institutions parked with the central bank
The government decision came after the price of the staple food grain skyrocketed of late.
Flour will also be sold at the OMS trucks at Tk 17 per kg along with rice only in Dhaka city. In the other district headquarters, only rice will be sold.
Directorate General of Food Director General Md Badrul Hasan told bdnews24.com, “Many days have passed since the price of rice at OMS programme had been cut to Tk 15 from Tk 24 a kg. It won’t be (reasonable) if we keep the price unchanged while market prices have shot up.”
“We can’t keep a huge difference between the prices. It will raise the possibilities of leakage and other problems,” he added.