Dhaka, Feb. 2 -- Commerce Adviser Sk Bashir Uddin on Sunday said that essential commodity prices will not increase during the upcoming month of Ramadan.
He made these remarks while speaking at a policy conclave titled "Reasonable Pricing of Food Items: Exploring Market Supervision Strategies" at a city's hotel on Sunday.
Reassuring the country's import systems and stockpiles are sufficient to meet demand during the holy month, he said, "InshaAllah, there will be no shortages of items such as oil, sugar, chickpeas, and dates in the market."
The adviser explained that local market conditions suggest prices should actually decrease despite a rise in international prices of various commodities. "I do not see any reason for prices to rise. We...