Published on 12:00 AM, March 15, 2023

Don’t buy Ramadan items in bulk

Munshi says

Commerce Minister Tipu Munshi. File photo.

Commerce Minister Tipu Munshi yesterday urged consumers not to buy Ramadan commodities in large volumes at a time and purchase the items according to daily necessities.

Bulk purchase will create a shortage of the daily essential items and create a crisis in the market, he said.

There is nothing to worry now as the market has ample supply of the goods, he added.

The minister spoke at a press conference organised by the Directorate of National Consumer Rights Protection at the conference room of the Export Promotion Bureau in Dhaka.

Strict legal action will be taken against the businessmen, who will stockpile the goods illegally to create an artificial shortage and increase their prices, he said.

Global commodity prices are high now because of the aftereffects of the Russia-Ukraine war and the appreciation of the US dollar against the Bangladeshi taka, the minister said.