The government of Bangladesh has approved the purchase of four crore liters of edible oil and 22,500 tons of lentils for the Trading Corporation of Bangladesh (TCB) at a total cost of Tk 822.31 crore. The decision was made at a meeting of the Cabinet Committee on Government Purchase, chaired by Finance Minister Amir Khasru Mahmud Chowdhury on Wednesday. The products will be sold through TCB at affordable prices to low-income families.

According to the Finance Ministry, the committee approved 23 procurement proposals, including fertilizer imports, infrastructure development, fishery exploration, and youth employment programs. Under local tenders, Chattogram-based Payel Automatic Food Processing Mills will supply 10,000 tons of lentils at Tk 81.47 per kg, while Australia-based MCG International Pty Ltd will supply 12,500 tons at USD 559 per ton. Shabnam Vegetable Oil Industries Ltd will provide two crore liters of refined palm olein at Tk 183.95 per liter, and MCG International Pty Ltd will supply two crore liters of refined soybean oil at Tk 164.77 per liter.

The approved purchases aim to strengthen TCB’s capacity to stabilize essential commodity prices and support low-income consumers.