WE were happy to know that the government is planning to cut down the fuel prices in the early part of 2017. This is a welcome move for the government as we were asking for it due to decline in world fuel price. Â Surely it will be a New Year bonus for the common people. Prices of fuel has decreased dramatically for last few years and compared to that the government has not revised the price. Â
I believe the price should have a system to adjust the fuel prices after every six months so that there is a  consistency with the international market. Now the government is getting good leverage by selling fuel at high prices. Fuel price has now become a cushion for the government exchequer. We observed over the years that once the price of a commodity is raised, it does not go down even if the cost price of the commodity declines. I hope 2017 will be a year when we shall see a steady kitchen market and a steady growth in all sectors of the economy.Â
Mohiuddin
Mirpur-10, Dhaka
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Fuel price cut will be positive
FE Team | Published: December 30, 2016 22:43:28 | Updated: October 22, 2017 16:30:30
Fuel price cut will be positive
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