Fuel price won’t be lowered: Muhith

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UNB, Dhaka :
Finance Minister AMA Muhith on Wednesday said the government is not going to lower the fuel price anytime soon despite its fall in the international market.
He said this while talking to reporters after a pre-budget discussion with the secretaries of different ministries.
Muhith said the government is planning to make the best use of the opportunity to recoup the losses incurred by providing subsidies to the Bangladesh Petroleum Corporation (BPC) in the past and the oil prices will not be lowered until the losses are covered up.
The Finance Minister also noted that as the country is generating enough power to satisfy the national demand, no reservation will be shown in providing new connections to electricity.
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