Commerce Minister Tipu Munshi on Sunday said Bangladesh Trade and Tariff Commission working to fix the prices of import-based daily essentials in line with the global market rate.
"Costs are expected to come down in local market as the prices have started to decrease following a drop in fuel prices in the international market," the minister said while talking to reporters.
While addressing the sufferings of general people, he said, "The government is trying to reduce the hardship of people. However, it is an ongoing international crisis driven by the Ukraine-Russia conflict and other global uncertainties."
"Although fuel price has fallen internationally, dollar exchange rate in the country has soared to record highs and this has contributed to price hikes of daily necessary products," Minister added.
Bdpratidin English/Tanvir Raihan