Fuel price rise: Govt refuses to heed ADB advice

Staff Reporter

The Government is learnt to have brushed aside the Asian Development Bank’s advice for the increase of fuel prices immediately to avoid further price hike of essentials and sufferings of the people.
“We will not raise oil prices until the end of boro season in April,” said Dr M Tamim, a Special Assistant to the Chief Adviser, who is in charge of the Ministry of Power, Energy and Mineral Resources.
Boro is the major variety of rice in the country, which is suffering from 20 lakh (2 million) tonnes of foodgrains due to the damage caused by the Super Cyclone Sidr that had hit in November and two
consecutive floods from May to September last year. [Read more]


 

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