PMO defends fuel price revision, cites global market pressure

PMO defends fuel price revision, cites global market pressure
Prime Minister’s Office spokesperson Mahdi Amin is seen speaking at a press briefing held at the Karobi Hall of the PMO on Monday. Photo: Prime Minister's Office

Online Desk

Published: 2026-06-01 20:37:43

The Prime Minister’s Office (PMO) has said that the recent adjustment in fuel prices in Bangladesh has been carried out in a limited manner, reflecting ongoing changes in the global energy market.

PMO spokesperson Mahdi Amin said on Monday that Bangladesh, as a fuel-import dependent country, is directly affected by fluctuations in international oil prices. He noted that the latest revision was made in line with global trends, where prices have been rising due to geopolitical tensions and supply pressures.

He said many countries had already increased fuel prices earlier, while Bangladesh had delayed adjustments for a comparatively longer period. “The increase is limited and has been made considering international market conditions,” he said at a press briefing held at the Karobi Hall of the PMO.

Mahdi Amin added that even after the revision, fuel prices in Bangladesh remain lower than in several neighbouring countries, which has helped the government manage inflationary pressure.

He explained that global oil price movements, particularly following recent conflicts in the Middle East, have significantly impacted supply conditions worldwide, making adjustments unavoidable.

The press briefing also highlighted various government initiatives taken on the directives of Prime Minister Tarique Rahman to ensure smooth Eid-ul-Azha arrangements and public services.

Responding to other questions, the spokesperson said the government has been working over the past three months to deliver outcomes consistent with an accountable governance framework. He also underscored the historical role of Dhaka University and other public and private institutions in shaping national movements and producing skilled professionals.

He stressed that the government does not differentiate between public and private universities, saying both contribute equally to national development and often complement each other through student mobility and academic exchange.

Mahdi Amin further said the government’s priority is to ensure stability, law and order, and social harmony, adding that decisions are taken carefully to avoid unnecessary controversy.

He described recent administrative decisions on sensitive issues as part of maintaining a balanced and responsible governance approach aimed at preserving public confidence and national stability.