The government of Bangladesh has maintained strong control over fuel prices despite continued volatility in the global energy market, Prime Minister’s Adviser Mahdi Amin said on Saturday.
He made the remarks while addressing a press briefing held at the Prime Minister’s Office, marking the completion of two months of the current administration.
Mahdi Amin said that although international fuel prices have risen in recent months, the government has managed to keep domestic fuel prices “under maximum control” through timely interventions, increased subsidies, and diversified procurement strategies.
He added that Bangladesh is strengthening fuel import arrangements through both bilateral and multilateral diplomatic channels, while also placing special focus on international negotiations to ensure stable supply.
As part of longer-term energy management reforms, the adviser said a “fuel card” system has been introduced to improve efficiency and transparency in fuel distribution and usage.
He also noted progress in the power sector, stating that 35 megawatts of electricity have been added to the national grid during the period under review. The government, he said, has set an ambitious target of generating 10,000 megawatts of electricity from renewable sources - especially solar energy - by 2030.
Mahdi Amin further emphasised that controlling the prices of essential commodities remains a key policy priority for the government.
Despite challenging global and domestic economic conditions, he claimed that market prices remained relatively stable during the recent Ramadan period compared to previous years.
He added that imports of food grains and essential goods continued without disruption, despite liquidity pressures in the financial system. This, he said, helped prevent supply shortages in the domestic market and contributed to keeping inflation at a manageable level.
