Govt likely to cut kerosene price: State minister
BI Report || BusinessInsider
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Shamsul Alam, state minister for planning, has said that the government is thinking of reducing the price of kerosene as it is now costlier in Bangladesh than in India.
“We are reassessing the price of kerosene,” Alam told a roundtable organised by the Editors Guild on Saturday.
The state minister also hinted that diesel prices may also be reduced slightly.
On August 5, the government raised the prices of all fuel oils. Diesel price was raised by Tk 34 to Tk 114 per litre, octane by Tk 46 to Tk 135 and petrol by Tk 44 to Tk 130.
The price of kerosene was raised to Tk 114 from Tk 80 earlier.
“Kerosene costs Rs 75 a litre in India and in Bangladesh it is Tk 114,” said Alam hinting that the kerosene price may go down.
In November 2021, the government hiked diesel and kerosene prices by 23 percent to Tk 80 per litre.
