Business · Bangladesh Bureau
Bangladesh Bank launches credit facility to stabilise essential commodity prices
The central bank has introduced a special financing scheme targeting 10 essential commodities ahead of Ramadan to help prevent sharp price increases. The measure aims to ensure adequate supply and affordability during the holy month.
LSN Bangladesh ·
Bangladesh Bank has rolled out a dedicated credit facility designed to bolster the supply chain of 10 essential commodities and mitigate price volatility in the lead-up to Ramadan. The scheme provides targeted financial support to distributors and traders, enabling them to maintain steady inventory levels and moderate pricing throughout the period.
The initiative addresses recurring concerns about commodity price surges during Ramadan, when consumer demand typically increases significantly. By facilitating improved supply chain management through enhanced credit access, the central bank seeks to stabilise markets and protect consumers from excessive price hikes.
The 10 commodities targeted by the facility cover essential food and household items that feature prominently in Ramadan consumption patterns. Through this intervention, the Bangladesh Bank aims to coordinate with traders and distributors to ensure smooth market operations and fair pricing.
The scheme reflects ongoing efforts by monetary authorities to balance inflation concerns with consumer welfare during major religious observances. Market participants have been encouraged to participate in the facility to strengthen commodity availability and price stability across the country during the anticipated period of heightened demand.