date:Feb 27, 2014
Bangladesh will buy more rice locally in an effort to replenish reserves, while it has no plan to import the grain this year, the head of the state grains buyer said on Wednesday.
Such procurement is crucial for the South Asian nation to feed its poor and keep domestic prices stable at a time when government reserves are at five-year lows.
We are buying 400,000 tonnes of rice from local farmers this harvesting season, double the earlier purchase target, Ahmed Hossain Khan of the Directorate Ge