Continuation of subsidy for poor people on energy price suggested

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Business Desk :
Speakers at a seminar on Saturday said the government must continue subsidy for the poor people even after fixing the energy price on the basis of the market value.
They said the energy price might rise three folds in the next 10 years obviously in a transparent way but it should be contained within the limit of the poor people by increasing efficiency in the energy sector.
The seminar on Energy Tariff and National Economy was organised by the Forum for Energy Reporters Bangladesh (FERB) at the Biduyt Bhaban in the city.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid addressed the seminar as the chief guest and energy expert Professor Dr M Tamim presented the keynote paper.
Chairman of FERB Arun Karmaker moderated it while Executive Director Sadrul Hasan made the welcome address.
Nasrul Hamid said the government led by Prime Minister Sheikh Hasina would supply electricity to all citizens (100%) by 2018, adding, “But it will take more time to supply uninterrupted
electricity with subsidy to continue to meet the energy demand.”
He said the government is importing liquefied natural gas (LNG) with initiatives already taken to rebate VAT and tax on LNG. “We have to bring changes in our plans keeping pace with the global situation as the LNG and oil prices are declining in the world market. As a result, we have to pay attention to that for alternative fuel aimed at ensuring energy security.”
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