Bangladesh launches food subsidies after Ukraine war price spike



Bangladesh's subsidy programme will provide cheap food to 10 million people until the end of Ramadan


© Munir uz ZAMAN
Bangladesh’s subsidy programme will provide cheap food to 10 million people until the end of Ramadan

Bangladesh launched a nationwide food subsidy programme on Sunday after prices for cooking oil, lentils and other staples shot up in the wake of Russia’s invasion of Ukraine.

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Rising produce costs, which officials blame on wild price fluctuations in the global oil market since the conflict began, have sparked murmurings of discontent around the South Asian nation of 170 million people in recent weeks.

Opposition activists have accused traders of profiteering and staged several protest rallies, with a nationwide strike against soaring prices planned for the end of the month. 

Commerce ministry chief Tapan Kanti Ghosh said the programme would provide cheap food to 10 million people and run until the end of Ramadan — the traditional month of fasting in the Islamic faith — in six weeks. 

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