Friday, October 29th, 2021

Finance Minister hints at fuel price hike

Friday, 29 October 2021 | 2:14 am | 46 times

Finance Minister hints at fuel price hike

Finance Minister AHM Mustafa Kamal hinted at hiking fuel price.

He said that if the concerned ministry proposes to rise the fuel price following fuel price hike in international market, then the price of fuel would be hiked.

The minister said this while addressing reporters at his secretariat office on Thursday (October 28).

He said, we have joined three meetings already to discuss about the issue. But, the reason behind fuel hike in the international market is not known.

Prices of food stuff in the local market have increased due to their higher prices in the international market, he pointed out.

One barrel of petroleum is currently selling at $84. One liter of diesel is selling at Tk 65 while octane at Tk 89 respectively, in the local market.

Fuel oil prices were last adjusted on January 4, 2013.

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