Ban on Salt and Egg Temporarily Lifted

During Ramadan, inevitably the price of goods surge up. To tackle in price hike during next Ramadan, the government has lifted the ban on importing salt and eggs. The ban will remain lifted till 30^th June, 2012.

During the year 2011-2012, the price of eggs has gone up to 9 taka per piece from 6 taka. That means that the price of eggs has increased over 50 percent in just one year. The daily demand for eggs is 20 million but the daily production is the exact half of it.

The overall salt production this year was shorter than the target and the overall consumption. The target was to produce 1.45 million tonnes against the nationwide consumption of 1.43 million tonnes. Unfortunately, the production this year was just 1.16 million tonnes.

This indicates that the price of salt and eggs will go haywire during Ramadan. To prevent this, the government has lifted the ban against importing salt and eggs. Till June 30^th, businessmen are allowed to import any amount of salt and eggs to Bangladesh. No extra permission is needed from the commerce ministry for this. Eggs will have to be imported from countries free of bird flu.

If the prices of salt and egg reduce because of this step, the government might not put the ban again till the month of Ramadan gets over.