Bangladesh faces additional Tk 42,600 cr subsidy burden for ME conflict: Khosru
, June 9 -- Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday told Parliament that Bangladesh requires an additional subsidy of approximately Tk 42,600 crore for four sectors -oil, gas, electricity, and fertiliser- in the outgoing fiscal year of 2025-2026 due to the conflicts in the Middle East.
"Recent conflicts in the Middle East, including Iran, and the instability in the global energy market have put additional pressure on the (Bangladesh) government's subsidy spending in the oil, gas, electricity, and fertiliser sectors. According to preliminary estimates, the additional subsidy requirement in these four sectors alone is about Tk 42,600 crore by June in the 2025-26 Fiscal Year," he said.
The finance minister said this, while...
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