HomeCURRENT AFFAIRSAfter 52% Hike In Fuel Prices, Protests Erupt In Bangladesh

After 52% Hike In Fuel Prices, Protests Erupt In Bangladesh

After Sri Lanka, now Bangladesh is also going through the worst phase of economic crisis. Here, angry people have come out on the streets against the historic increase of 52 percent in the price of petrol. Demonstrations are going on in many cities of the country against rising inflation.

Meanwhile, a violent clash broke out between the police and protesters in Dhaka, the capital of Bangladesh. In fact, when the anger of the people of Bangladesh broke out against inflation, the roads there started blazing. As soon as the protesters faced the police there, people lost their cool and started pelting stones.

The police also opened a front against the protesters and started firing tear gas shells at the stone pelters. Due to this action of the police, the anger of the protesters got furious and at that time whatever items they found in their hands started throwing towards the police.

The government says that due to the increased fuel prices in the international market, the prices of petrol and diesel have increased in the country.

Due to the increase in the price of fuel, there was resentment among the people against the government. People said- the government has increased the price of petrol by 51.7 percent and that of diesel by 42 percent. So we are facing difficulties.

The government says that in the last 6 months, Bangladesh Petroleum Corporation (state oil company) has suffered a loss of 8 billion taka (Bangladeshi currency).

Here, due to Russia-Ukraine war, fuel prices have increased in the international market. As soon as the prices in the international market come down, the fuel prices in the country will also be reduced.

Inflation rate in the country has remained above 6 percent continuously for the last 9 months. Inflation in Bangladesh reached 7.48 per cent in July.

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