Govt has no plan to reduce diesel price now, PM tells in Parliament

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Dhaka, Feb 17: The government has no plan to reduce the prices of diesel at this moment, Prime Minister Sheikh Hasina said in Parliament on Wednesday.

“Whenever the loan taken by the Bangladesh Petroleum Corporation (BPC) will be repaid, then we’ll reduce the diesel price, if necessary,” the Prime Minister said while responding to a supplementary question from independent MP Haji M Selim during the PM’s question-answer session in Parliament.

She said her government had provided subsidy when the diesel price was high on the international market, prompting the BPC to take around Tk 38,000 crore as loan.

Besides, the Prime Minister said, there is a considerable amount of money still remains unpaid against VAT and duty. This is the first time that the BPC has been able to make some savings.

Sheikh Hasina also alleged that when the price was high in the international market no MP came up with any demand to increase the price as it was is high on the international market.

“No one said anything in favour of that. Even when we increased the price there was destruction, hartal and so many incidents,” she added.

The Leader of the House said the BPC is currently repaying its loan and has already repaid Tk 5000. “It has to repay more…there are VAT and tax that remain unpaid…Tk 15000-16000 crore is awaiting repayment,” she added.

Replying to another question Shafiqul Islam Shimul from Natore, the Prime Minister said there is no existence of militant organization Islamic State (IS) in Bangladesh despite some Islamic organizations are conducting terrorist activities in the country.