State of the Bangladesh Economy in FY2021-22 slide image

State of the Bangladesh Economy in FY2021-22

Independent Review of RBD Bangladesh's Development 2.1 Changes in prices in the Supply Chain of Rice: Farmgate, Wholesale and Retail Markets Public procurement from domestic market has been consistently lower than the target over the past several months which led the government to go for a considerable amount of import. ➤ During this period import of rice by the private sector has continued at a moderate level. ➤ Public and private sectors together will need to ensure that adequate amount of rice is available in the market and in the form of foodstock. Good harvest is not enough to ensure this. Domestic demand for rice is difficult to meet through domestic production given the rise in demand for rice by low-income consumers as also other consumption needs outside the households. Table: Public foodgrains (rice) procurement, food stock, and food distribution Procurement of Rice Food Stock (Rice) Food Distribution (Rice) Month 2019 2020 2021 2019 2020 2021 2019 2020 2021 January 287.5 340.7 34.3 1291.3 1260 459 46.0 69.1 65.9 February 223.8 321.2 21.5 1391.5 1492 470 122.0 88.4 71.8 March 24.9 76.7 5.4 1182.5 1305 334 233.0 262.2 245.6 April 0 O 0.1 975.7 1009 207 220.0 293.4 224.6 May 320.9 51.5 311 1048.6 753 553 247.0 305.7 89.8 June 414.7 282 0 1255.8 838 1056 206.0 195.9 28.13* July 312.9 286 228 1491 963 1199 76.6 159.2 180.1 August 276.1 174.8 364 1620 1071 1557 144.6 65.8 131.7 September 85.3 116.4 1437 963 1360 265.9 223.0 270.0 October O 1211 719 224.7 242.3 November 0.2 0.2 999 494 211.3 224.2 December 59.4 21.9 990 461 68.2 58.7 Average/Total State 2005.Bang [16714 Eco1964.3 in FY2024122 (First Re944ng) 799 2065.3 2187.9 1279.54
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