He said the government has started implementing its election promises, including the family card, allowances for religious leaders and the Kisan card to be launched on Pahala Baishakh. He also stressed that the state as well as individuals should uphold the rights of neighbors and relatives to reduce the number of deprived people in the […]
Government fertilizer factories have been unable to pay the increased gas price for more than a year due to financial constraints. If they pay the extra price, they will lose Tk 10,000 per tonne. However, a loss of Tk 35,000 per tonne is being incurred on importing the fertiliser. This is causing loss of valuable […]
The International Monetary Fund has welcomed Bangladesh’s efforts to cut subsidies for the energy sector by increasing the prices of fuel oil, gas and electricity, indicating more price hikes. In a country report on government requests for loans, the IMF said authorities would explore options to gradually reduce energy subsidies. Control measures could exacerbate ongoing […]
Russia is considered the world’s largest supplier of rare MOP fertilizers. This fertilizer is also available in mines in Canada and Belarus. MOP fertilizer is also available in some Middle Eastern countries but in smaller quantities. At the end of last February, the price of MOP fertilizer began to rise after Russia faced Western sanctions […]
The government has disbursed about Tk 14.17 billion as subsidy for purchasing electricity from private power plants during June-August 2011, putting pressure on the national exchequer. The said amount of subsidy is required as the Bangladesh Power Development Board (BPDB) has to buy per unit of electricity at a rate which is Tk 5 […]
