Govt fully capable to face the flood situation: Muhith

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PV Desk : Flood has caused temporary losses but the government is fully capable to face the situation, said finance minister AHM Muhith.

“The government is now in such a position that it can easily face any crisis caused by the flood. There is no food crisis in the country and there will be no crisis in the future also,” said the finance minister while speaking at an agreement signing ceremony here today.

He said rice price is maintaining an upward trend and the government is importing rice to face the situation. Rice price in the international market is high, he said, adding that the government has to spend more money and it has that capacity to do so.

Pran-RFL Group and Sonali Bank Ltd signed the agreement under which the bank will give loan to the contract farmers of PRAN Dairy Limited with a view to raring high quality cattle breeds and increasing production of dairy products. Director (Corporate Finance) of PRAN-RFL Group Uzma Chowdhury and General Manager of Sonali Bank Rafiqul Islam signed an agreement on behalf of their respective organizations.