Paving way for economy sans subsidy13 Dec 2024 16:32
IMF turning up the heat on the cuckoo govt to reduce the burden of subsidies on power/energy at any cost to meet its loan criteria…..energy bills look like rising….?
Obviously, as the consumers' interest protection body suggested, the successive governments' priority should have been addressing the issue of corruption and irregularities in the power sector, in particular. In that case, the consumers could be relieved of the tyranny of endless escalation of power and energy prices while at the same time the government would not have to bear the undesirable burden of subsidies. Now that the burden is already on the government's, or for that matter on the nation's shoulder for whatever reason, it must be gotten rid of by all means. Small wonder that the global lender has set this condition of power tariff for releasing the fourth tranche of the loan it has already committed and confirming the fresh amount of loan worth US$3.0 billion that previous government has made a request for.
https://thefinancialexpress.com.bd/editorial/paving-way-for-economy-sans-subsidy