FATULLAH: Bangladesh launched a nationwide food subsidy program on Sunday after prices for cooking oil, lentils and other staples shot up in the wake of Russia鈥檚 invasion of Ukraine.
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 program would provide cheap food to 10 million people and run until the end of Ramadan 鈥� the traditional month of fasting in the Islamic faith 鈥� in six weeks.
鈥淭he Ukraine war has increased crude oil prices, which have impacted global commodity prices,鈥� he told AFP.
Hundreds of people were seen queuing in the scorching sun waiting for rations on the first day of the scheme in Fatullah, an industrial center on the outskirts of the capital Dhaka.
Mosharraf Hossain, a local helmsman, said he had to wait for four hours before making his purchase.
鈥淪till it is worthy. The price hike in the regular market is unbelievable,鈥� he told AFP.
Hossain said business owners had told him the 鈥渙ngoing war near Russia鈥� was the reason they had raised the price of their goods, but he was skeptical.
鈥淩ice, lentils and sugar are mostly produced in our country,鈥� he said. 鈥淚s the war here in Bangladesh? This is pure bluff.鈥�