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BPC should cut fuel prices now: CPD
Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD), speaks at a media briefing on slowdown in global economy and challenges for Bangladesh, organised by the local think-tank at its office in Dhaka today. Photo: Sohel Parvez
The Centre for Policy Dialogue (CPD) today suggested that Bangladesh Petroleum Corporation should cut prices of fuel as it has been making profit since August this year.
The think-tank made the suggestion at a media briefing on slowdown in global economy and challenges for Bangladesh.
For all latest news, follow The Daily Star's Google News channel. The event was organised at the CPD's office in Dhaka.
Bangladesh is going to suffer from oil production cut by 20 lakh barrels a day by OPEC+ as Saudi Arabia is one of the major oil supplying countries for the nation, it said.
Bangladesh has imported 35.8 lakh tonnes of fuel oil in January-June period of 2022 and the country roughly consumes 65 lakh tonnes of petroleum for its domestic use and 90 per cent plus is met through imports.
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