In preparation for the upcoming holy month of Ramadan, Bangladesh Bank has announced an import facilitation for 8 essential items. The items include edible oil, chickpeas, lentils, peas, onions, spices, sugar, and dates. Importers will be allowed to bring in these products within 90 days through suppliers or buyers’ credit until March 31. This initiative aims to ensure price control and a guaranteed supply of essential items during the fasting month.
The directive has been issued to all authorized dealers in foreign exchange, ensuring that transactions related to these items are facilitated. Bangladesh Bank’s proactive approach is expected to contribute to the availability of necessary goods in the market during the upcoming Ramadan season, promoting a smooth and uninterrupted shopping experience for the Muslim community.
This measure is crucial in providing a reliable supply chain for essential commodities during the Ramadan period. The flexibility in the import window until March 31 is expected to assist businesses in meeting the demands of consumers observing Ramadan. Bangladesh Bank emphasizes the importance of sustaining a steady supply of essential items to support the general public during this festive month.
The announcement was made by the Foreign Exchange and Policy Department (FEPD) of Bangladesh Bank on Thursday, January 11, demonstrating the bank’s commitment to facilitating essential imports in preparation for Ramadan.
Tags: Ramadan, Bangladesh Bank, Import, Edible Oil, Chickpeas, Lentils, Peas, Onions, Spices, Sugar, Dates, FEPD, Supplier Credit, Buyer’s Credit, Muslim Community, Ramadan Market, Ramadan Shopping, Bangladesh Bank Directive, Foreign Exchange, Authorized Dealers, Import Window, Ramadan Supplies, Ramadan Items, Flexible Import, March 31 Deadline, Business Support, Essential Commodities, Supply Chain, Fasting Month, Festive Season, Proactive Approach, Price Control, Market Availability, Consumer Demand.
