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Bangladesh rice production in marketing year (MY) 2017/18 is forecast lower at 34.18 million metric tons (MMT).
In Bangladesh, most research and development (R&D) for seeds occurs in the public sector.
The government of Bangladesh (GOB) gradually developed seed laws, policies, and regulations for the seed sector that eventually expanded regulatory oversight over all seed varieties.
The proposed national budget for FY 2014-15 (July-June) is BDT 2.5 trillion ($ 31.6 billion), 15.9 percent higher than last year.