Global fuel price hike won’t hit Eid travel cost: minister

Star Business Report

Commerce Minister Khandaker Abdul Muktadir has said that increased global fuel prices will not affect transport costs in Bangladesh or impact travel to and from home during Eid-ul-Fitr celebrations in the country.

There is also no possibility of a spike in the prices of essential commodities, said Muktadir, who is also the minister for industries, textiles, and jute.

“However, if the war is prolonged, the global economy may suffer to some extent. We are in favour of peace. I hope the war will end soon and peace will be established in the world,” he said, responding to questions from journalists at an Iftar and Eid gift distribution ceremony for working-class families in Sylhet city yesterday.

He added that the government has made all necessary preparations to ensure that ordinary people do not face any hardship.