In Bangladesh economy, GDP will go up by 0.3 percent, if oil price is cut by 10 percent, as indicated by the Center for Policy Dialogue.
‘position of the Bangladesh Economy in FY2016’, discharged on Sunday, said if oil cost descends, the nation’s swelling will cut by 0.2 percent, RMG fare will increment by 0.4 percent, family unit utilization will go up by 0.6 percent, and government investment funds will descend by 0.4 percent. Reported by the research org. of CPD.
CPD research individual Towfiqul Islam Khan said general individuals will be profited with the oil cost cut. By increasing a force point presentation on the audit report at city’s BRAC Center Inn. He said local costs of petroleum items have not been balanced inside of the declining pattern in worldwide business sector cost since January 2013 while India changes its neighborhood cost frequently with the global ones.
The CPD adviser said, after the acquiring of misfortunes for a long time consecutively. Bangladesh Petroleum Corporation (BPC) made a benefit of 5,263 crore in the year of 2015-16. It is normal with the same level of universal petroleum cost and unaltered offering costs in household market, BPC’s benefit might go up to Tk 11,000 crore, he said, including there is a solid interest from partners at decreasing petroleum costs.
Talking on the event, CPD individual Dr. Debapriya Bhattacharya said CPD recommends modifying fuel oil costs as general individuals and in addition agents will get profits by it.