Bangladesh increased the price of oil and petrol for people by more than 50%

According to the report of the International Economic Group of Fars News Agency, quoted by Reuters, Bangladesh increased the price of fuel by 50% yesterday. Although This action is to fix the subsidy situation in this country, but it has caused an increase in prices, which have always been more than 7%.

This South Asian country with an economy of more than 416 billion dollars is one of the fastest Al-RashdThethe most World economies have been in recent years.

Increase Energy and food prices in the world by The war between Ukraine and Russia has forced this country to seek facilities and loans from international agencies, including the International Monetary Fund.

The Minister of Mineral Resources and Energy of this country announced in a statement that the price of oil increased by 51.2% to 130 taka Equivalent to 1.38 Dollar per liter has increased, and the price of gasoline with 95 octane has also increased by 51.7% to 135 taka increased and diesel and kerosene have increased by 42.5%.

The energy minister of Bangladesh stated that the country’s oil sales volume decreased by 8 billion dollars in the six months ending July, and emphasized that due to the conditions of the global markets, the increase in domestic energy prices was inevitable.

Nasrul Hamid added that although we know that it is difficult for some people to bear these prices, we had no other option and people should be patient in this regard.

At the same time, he has emphasized that if the global energy price decreases, domestic prices will also decrease.

According to this report, Bangladesh’s 9-month inflation was 6%, which reached 7.48% in July, which increased the pressure on the lower classes and increased social protests.

Earlier, the government price of diesel and kerosene in the month November It had increased by 23% and also increased the transportation fare by 30%.

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