The government Monday lowered fuel prices by Tk5 per litre 23 days after raising the prices by up to 51.68 percent.
Prices of diesel and kerosene will now be Tk109, petrol Tk125, and octane Tk130 per litre at the filling stations, State Minister for Power, Energy, and Mineral Resources Nasrul Hamid told UNB.
Also, a gazette notification was issued by the Energy and Mineral Resources Division on the new prices, which will be effective from Tuesday midnight.
The new development came hours after Nasrul said the government was going to make a decision on the adjustment of fuel prices within a day or two.
On August 6, the government increased fuel prices to a record high.Diesel and kerosene retail prices were fixed at Tk114, petrol at Tk130 per litre and octane at Tk135 per litre.
Also read: Import tax on diesel cut by 5 percent