Finance Minister Kamal is in favor of raising fuel prices after criticism
Speaking to reporters after a meeting of the Cabinet Committee on Economic Affairs and Public Procurement on Wednesday, Kamal said he believed the fuel price hike was "completely reasonable". “How long will the government subsidize? Consumers should share something because the government has to spend after earning, ”he said. The government raised fuel prices by 23 percent a week ago, citing instability in global markets and forcing transport owners and workers to strike. They called off the strike after authorities agreed to increase bus and launch fares and increase freight charges for trucks. The increase is also affecting the prices of other products and the cost of doing business. “We lower prices when they fall [global prices]. And when they rise, we raise prices. When it is impossible to continue, we should all tolerate it, "said the finance minister. But Golam Rahman, president of the Consumers Association of Bangladesh or CAB, questioned the rise in diesel