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Dhaka Tribune

PM Hasina directs to reduce import duty on rice, edible oil, sugar, date before Ramadan

  • NBR would assess how much duty can be curtailed
  • Directs all relevant authorities to work collaboratively
Update : 29 Jan 2024, 05:55 PM

Prime Minister Sheikh Hasina on Monday directed the authority concerned to reduce import duty on four essential items – rice, edible oil, sugar and date– ahead of the upcoming Ramadan.

The directive came from the Cabinet meeting chaired by Prime Minister Sheikh Hasina at her office in the city.

“The prime minister has given a clear directive to decrease the duty on four items – edible oil, sugar, rice and date — on the occasion of the upcoming Ramadan,” said Cabinet Secretary Md Mahbub Hossain while briefing reporters at the Secretariat.

The National Board of Revenue (NBR) would assess how much the duty can be curtailed, he said.

The prime minister also asked all the authorities concerned to work in a coordinated way and monitor the market so that there would be no deficit in the supply of the goods against the demand in the market, he added.

In reply to a question, the Cabinet secretary said the importers now do not face problems opening LCs to import any essential goods.

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