Bangladesh hikes fuel prices
Dhaka: The Bangladesh government has cited global hike as the reason behind rising prices of fuel oil, media reports said on Saturday.
This is the first massive hike in the prices of fuel since the country gained independence in 1971.
The prices of diesel and kerosene have been increased by 42.5 percent to Tk 114 per litre, reports bdnews24.
Petrol prices have been fixed at Tk 130 a litre, a 51.16 percent jump.
Octane will cost Tk 135, or 51.68 percent higher than the current rate.
On Friday night, a large queue was seen in front of the fuel station as people rushed to buy it.
However, people complained they were not getting fuel.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.