皇冠足球网
热门标签

线上博彩网址:Bangladesh raises fuel price by 50%

时间:4周前   阅读:4   评论:2

足球免费贴士www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

Economic crisis: A man refuel his motorcycle at a petrol station in Dhaka. Soaring energy and food prices due to the Russia-Ukraine war have inflated the country’s import bill, forcing the government to seek loans from global agencies, including the IMF. — Reuters

DHAKA: Bangladesh raised fuel prices by around 50% on Saturday, a move that will trim the country’s subsidy burden but put more pressure on inflation that is already running above 7%.

The South Asian country’s US$416bil (RM1.85 trillion) economy has been one of the fastest-growing in the world for years.

However, soaring energy and food prices due to the Russia-Ukraine war have inflated its import bill, forcing the government to seek loans from global agencies, including the International Monetary Fund (IMF).

The price for petrol has been increased by 51.2% to 130 taka (US$1.38 or RM6.15) a litre, 95-octane gasoline by 51.7% to 135 taka (RM6.24) and diesel and kerosene by 42.5%, the power, energy and mineral resources ministry said in a statement.

The fuel price increase was inevitable given global market conditions, the ministry added, noting state-run Bangladesh Petroleum Corp had incurred a loss of more than eight billion taka (US$85mil or RM378.6mil) on oil sales in the six months to July.

“The new prices will not seem tolerable to everyone. But we had no other choice. People have to be patient,” Nasrul Hamid, state minister for power, energy and mineral resources, told reporters on Saturday.

He said prices would be adjusted if global prices fall.

,

线上博彩网址www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。线上博彩网址上线上博彩网址会员登录线路、线上博彩网址代理网址更新最快。线上博彩网址开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

“It was necessary but I never imagined such a drastic hike. I don’t know whether the government is fulfilling the prerequisite to have an IMF loan,” a government official said.

Terming the government’s move as “rubbing salt in the wounds’, main opposition Bangladesh Nationalist Party secretary-general Mirza Fakhrul Islam Alamgir said the hike would have a terrible impact on the economy.

Bangladesh’s inflation rate has been above 6% for nine consecutive months, and hit 7.48% in July, putting pressure on poorer families to meet their daily expenses and raising the risk of social unrest.

“We are already struggling to make ends meet. Now that the government has raised fuel prices, how will we survive?,” said Mizanur Rahman, a private sector employee.

The government last raised diesel and kerosene prices by 23% in November which in turn prompted a nearly 30% rise in transport fares.

Global oil prices have eased from their highs in recent weeks and closed last Friday at their lowest levels since February, rattled by worries a recession could hit fuel demand.

Benchmark Brent crude futures fell below US$95 (RM423) per barrel last Friday, down from a peak of US$133.18 (RM593) in March.

Amid dwindling foreign exchange reserves, the government has taken a series of measures, including placing curbs on luxury goods imports and on fuel imports including liquefied natural gas and shutting diesel-run power plants as it resorted to recurring power outages.

上一篇:皇冠开户平台(www.hg9988.vip):SNS to raise RM90.7mil from IPO for business expansion

下一篇:EU recommends second Covid booster jab for over-60s

网友评论

  • 2022-08-29 01:16:51

    It added that the proceeds from the proposed disposal will settle a bridging loan of RM21mil, RM14.5mil for working capital and RM1.55mil for expenses related to the sale.作者大神!

  • 2022-11-06 00:14:58

    参考消息网11月1日报道 据英国《金融时报》网站10月30日报道,欧盟和美国在绿色产业和就业问题上的贸易裂痕越来越大。不普通啊