Fouzul terms FY26 budget as exceptional one for reducing unnecessary expenditures
The government has reduced prices of LPG and fuel, which will reduce transport cost and production cost, he says
Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan today (3 June) termed the proposed budget for fiscal year 2025-26 as exceptional one, which put much emphasis on reducing unnecessary expanses and disparities.
"There was VAT on LNG gas import. This value addition was negative as we import gas for Tk60-65 per unit and sell it for Tk30. This value addition was unnecessary. Reform has been brought here in the proposed budget," he said while replying to a question at a post-budget press conference at Osmani Memorial auditorium.
Highlighting various measures of the government to bring comfort to daily life, he said the government has reduced prices of LPG and fuel, which will reduce transport cost and production cost.
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Fouzul, also adviser for road transport and bridges ministry, said they are taking measures to stop extortion in roads and highways.
He said steps have also been taken in several bus terminals for charging extra fare from home-goers ahead of the Eid-ul-Adha.
The adviser said the fundamental difference between present government and other previous governments is that the interim government is working in 'unison' in dealing with any issue.
"We are working together to handle any issue like keeping roads load free during Ramadan, keeping commodity prices at tolerable level and lessening water logging in Chattogram and stabilise the exchange rate. We are establishing such templates so that the next government can follow these in bringing comfort to people's life," he added.
