Published:  01:35 AM, 11 November 2021

Finance Minister Kamal defends fuel price hike

Finance Minister Kamal defends fuel price hike
 
Defending the fuel price hike, Finance Minister AHM Mustafa Kamal has said that the fuel price hike in international market is the main reason for recent hike in domestic market.

He was replying to a barrage of questions virtually on Wednesday after chairing two separate meetings on the Cabinet Committee on Economic Affairs (CCEA) and the Cabinet Committee on Government Purchase (CCGP).

Mustafa Kamal said, "When the fuel price was less in the market, the consumers received its benefits. But, now the price has increased (in international market) and it's not a secret matter."

"For how long will the government give subsidies? The consumers should share some because the government has to spend after earning," he said.



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