The Advisers Council Committee on Government Purchase approved a proposal to procure 2.20 lakh metric tons of wheat from the United States under a Government-to-Government (G2G) arrangement.
Purchase committee also recommended approval of two major import proposals of 80,000 metric tons of fertilizer to ensure uninterrupted supply of such essential agricultural input for the upcoming cultivation season.
Meanwhile, committee approved two major proposals for purchasing 1.50 crore litters of edible oil to strengthen the domestic supply chain and maintain market stability.
The approvals came from the Advisers Council Committee on Government Purchase held virtually on Tuesday with Finance Adviser Dr Salehuddin Ahmed in the chair.
The Ministry of Food proposed procurement of wheat which will be executed by the Directorate General of Food. It will be supplied by Agrocorp International PTE Ltd, authorized by US Wheat Associates.
The consignment will cost Taka 842.06 crore, with the price set at US$312.25 per metric ton.
Officials said the import is intended to bolster public food stock and ensure adequate supply for social safety net programmes.
The Committee endorsed the import of 40,000 metric tons of bulk granular urea fertilizer from Fertiglobe Distribution Limited, UAE at a price of US$409.50 per metric ton under the Ministry of Industries. The total contract value stands at Taka 201.14 crore.
Additionally, under a state-level agreement between Morocco and Bangladesh Agricultural Development Corporation (BADC), the Committee recommended approval for importing 40,000 metric tons of DAP fertilizer.
The consignment will be purchased at US$682.67 per metric ton, with a total value of Taka 335.32 crore. Officials said the imports will help stabilize the fertilizer market and support agricultural production nationwide.
The government will procure 50 lakh litres of soybean oil from Sonargaon Seeds Crushing Mills Ltd. at a cost of TK 89.92 crore, with the per-litre price fixed at TK 179.85.
The Committee also endorsed the purchase of 1 crore litres of refined rice bran oil through local competitive bidding. Of this, 30 lakh litres will come from Tamim Agro Industries Ltd., and 70 lakh litres from Majumder Bran Oil Mills Ltd. The total contract value is TK 161 crore, with a per-litre price of TK 161.
Officials said the move is aimed at ensuring stable edible oil supply ahead of increased seasonal demand.
