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Fertilizer price hike will lead to inflation: Planning Minister
Dhaka, April 11: The price of chemical fertilizers has been increased by five takas per kg at the level of farmers and dealers due to the increase in international market prices. The Ministry of Agriculture issued an order on Monday increasing the prices of Urea, DAP, TSP and MOP fertilizers by Tk 5 per kg. Planning Minister MA Mannan believes that the increase in the price of fertilizer will have an impact on inflation.
Fertilizer prices increased at the request of the finance ministry
Dhaka, April 11: At the request of the Ministry of Finance, the price of fertilizer had to be increased. Agriculture Minister Md. Abdur Razzak said that if the price in the global market is reduced, the price of fertilizer will be reduced in the country's market as well. The minister said this while talking to reporters at the secretariat on Tuesday.