Finance minister Abul Hassan Mahmood Ali on Sunday said that the fuel oil price in Bangladesh would remain stable as the price on the global market came down from its upward trend.

He made the statement while addressing a pre-budget discussion on the private sector’s expectation for the financial year 2024-25, organised by the Dhaka Chamber of Commerce and Industry at a city hotel.

‘The price of fuel oil was upward trend in the past year on the global market but it has now come down. We are predicting that the price will remain stable in the country,’ said Abul Hasan Mahmood Ali.

He also claimed that the value of Taka against the United States dollar also remained stable at this moment.

Financial Institution Division secretary Shaikh Mohmamamd Salim Ullah, National Board of Revenue chairman Abu Hena Md Rahmatul Muneem, Bangladesh Bank deputy governor Habibur Rahman and leaders of different business bodies, among others, spoke at the discussion.