Sunday, December 26th, 2021

Govt mulls hiking electricity, gas, fertilizer prices

Sunday, 26 December 2021 | 4:19 am | 58 times

Govt mulls hiking electricity, gas, fertilizer prices

The government is considering rising electricity, gas, fertilizer prices to lower state subsidy burden.

Budget Monitoring and Resource Committee made the proposal in a meeting on Wednesday (December 22). Finance Minister AHM Mustafa Kamal presided over the virtual meeting.

The meeting also discussed a handsome revenue growth, rising export earnings, and growing import, growth in capital-machinery import, foreign direct investment and higher credit disbursement.

Higher electricity and gas uses, and growth in cargo handling at ports indicate that development is taking place in the country, the meeting views.


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