February 22, 2022 7:42 PM

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Bangladesh: Prime Minister Hasina calls for gradually ending subsidy on gas and electricity

<span style="background-color: transparent; color: #000000;">Prime Minister Sheikh Hasina has advocated the need to gradually come out from the subsidy system in the power and energy sector, reports the official news agency BSS.<br />'' <br />''Briefing the media after the meeting of the Executive Committee of the National Economic Council (ECNEC) on Tuesday, Planning Minister M A Mannan said that the process will start and it will need to be done gradually and gently. <br />''<br />''The minister said that the government has been giving subsidies in many  sectors. He said the Prime Minister has suggested coming out from the subsidies gently which should also be economically acceptable.<br />''<br />''State Minister for Planning Dr.Shamsul Alam said that power sector subsidies are costly and there is a need to reduce subsidies for the industrial sector. However, he said that the subsidy in the agriculture sector would continue as usual.</span><br />

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