Bangladesh ups electricity prices in new Iran war-related hike
Consumers face mounting pressure as electricity prices rise 16% following fuel hikes, with inflation reaching 9.04% in April.
3 Articles
3 Articles
Bangladesh ups electricity prices in new Iran war-related hike
Bangladesh raised electricity prices by 16 per cent on Wednesday, the latest increase as the government seeks to ease pressure on state finances caused by the US-Israeli war on Iran. The South Asian nation of 170 million people depends heavily on imports for its energy needs. Repeated price hikes have added strain on people struggling with long-running inflation, which hit 9.04 per cent in April. Jalal Ahmed, chairman of Bangladesh Energy Regula…
Electricity as a Luxury: A 16.68% Price Hike and the Economic Struggle of Everyday People in Bangladesh
by Asif Showkat Kallol (Dhaka Bureau) In Bangladesh, one of South Asia’s most densely populated nations, electricity is no longer just light flowing through a wire; it has become a new symbol of survival for the common people. The Bangladesh Energy Regulatory Commission (BERC) recently announced an average 16.68% increase in retail electricity prices. While the government claims this harsh measure is necessary to ease mounting subsidy pressures,…
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