Bangladesh, Oct. 27 -- Finance ministry had to arrange huge extra funds as Petrobangla spent over double the annual budgetary subsidy allocation within only three and a half months of the current fiscal year to import expensive liquefied natural gas (LNG).

The state-run corporation had to spend Tk 163 billion as LNG-import subsidy until October 15, while the entire financial year's subsidy amount earmarked in the 2026-27 budget is only Tk 65 billion.

The subsidy spending during the period accounts for 250 per cent of the annual total allocation for subsidizing the fuel.

Officials have said the ministry of finance had to arrange the extra funds in order to keep the fuel supply uninterrupted, notwithstanding import from costly spot mark...