The government has taken precautionary measures to ensure sufficient food supply across the country amid reports warning of potential food insecurity, Finance Adviser Dr Salehuddin Ahmed said on Wednesday.
Speaking to reporters after meetings of the Advisers Council Committee on Government Purchase and the Advisers Council Committee on Economic Affairs at the Bangladesh Secretariat, Dr Salehuddin referred to a report released last month by three UN agencies.
The report warned that around 16 million children in Bangladesh could suffer from malnutrition while about 16 million people might face food shortages.
Dr Salehuddin said while these figures serve as international benchmarks, Bangladesh’s food security situation is comparatively better than many neighbouring countries.
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“We are alert and monitoring the situation carefully. Our aim is to maintain a balanced food supply so that no shortages arise,” he said.
Dr Salehuddin added that the government has already taken proactive steps including market-based forecasts and stock adjustments, to ensure sufficient food reserves.
“We are also taking measures to secure rice stocks even adjusting prices slightly to maintain supply and protect farmers’ interests,” he said.
He said rice procurement is part of a broader strategy to prevent hoarding by middlemen or mill owners.
“If the government does not buy directly, there is a risk that private stockpiles could limit availability. We’re managing the situation prudently though perfection takes time,” he added.