CPD for reinstating previous fuel prices

 
The Centre for Policy Dialogue (CPD) has suggested the government to reinstate the earlier prices of fuel considering it 'a strategic commodity'.

"We recommend the government to reinstate the previous rates of fuel as an immediate step to maintain stability," said Dr Fahmida Khatun, executive director of CPD, said at a press briefing on Wednesday. The social think-tank body arranged the press briefing on the impacts of petroleum fuel price hike.

Fahmida said that the hike in fuel prices has pushed the masses towards an unbearable situation and created a pressure on overall stability as many things are linked to fuel prices.

CPD distinguished fellow Prof Mustafizur Rahman, director Dr Khondaker Golam Moazzem and other directors spoke on the occasion.

Prof Mustafizur Rahman said the decision to raise fuel prices is unethical from all points of views-economic, social and political. "People have been struggling to survive the Covid-19 impacts as their incomes have come down. At this stage, such a step is not a positive move for the economy," he told reporters.