Within a few hours of the decision to hike the price of sugar, the government on Thursday night shifted from its move considering the arrival of the holy Ramadan and suffering of people.
A media release signed by Industries Ministry's Senior Secretary Zakia Sultana on Thursday night said that the retail price of per kg of sugar would be sold at the previous price of Tk 140, reports UNB.
Earlier in the morning, the Bangladesh Sugar and Food Industry Corporation (BSFIC) set the maximum retail price of sugar of the state-owned mills at Tk 160 per kg, an increase by Tk 20 per kg.
The notification stated that the sale price of BSFIC sugar had been fixed in line with the product's international and domestic market price.
Govt reverses sugar price hike move
FE Team | Published: February 23, 2024 23:44:19
Govt reverses sugar price hike move
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