Tuesday 27, September 2022

Writ filed against Govt to increase the prices of fuel

News Desk: A writ has been filed in the High Court challenging the legality of the government’s decision to increase the prices of fuel.

The writ sought suspension, cancellation and withdrawal of the gazette issued by the Ministry of Energy and Mineral Resources increasing the price of fuel.

Supreme Court lawyer Advocate Yunus Ali Akand filed the writ on Monday.

Earlier on Friday, the Ministry of Energy issued a notification to increase the price of fuel oil in the country citing the dollar crisis and the global price hike.

According to the notification, the retail price (1 liter) of diesel and kerosene at the consumer level within 40 km of the depot will be Tk 114, Octane Tk 135 and Petrol Tk 130. So far, kerosene and diesel have been sold at Tk 80 per litre, octane at Tk 89 and petrol at Tk 86.

The Bangladeshi taka has declined by around 20 per cent against the dollar in the past three months, further weakening the nation's finances with the current account deficit hitting $17 billion.


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