Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury today (August 31, 2022) said it would have been better to continue with the existing price of fuel instead of reducing it by Tk 5.
The amount by which the government has reduced the prices is so meagre – and so thoroughly insufficient to address the corresponding increase in the cost of living – that we can’t help but ask: Why even bother?
In light of the government's latest decision to increase prices of fuel across the country from today (August 6), let's have a look at fuel prices (per litre) in the major economies of the world as well as Bangladesh's neighbouring countries.