Broadband prices cut by up to 20% for consumers: Asif Mahmud

BSS

Published On: 22 May 2025, 19:59 Updated On:23 May 2025, 08:31

Adviser Asif Mahmud Shojib Bhuyain -File Photo

DHAKA, May 22, 2025 (BSS) - Adviser to the Ministries of Local Government, Rural Development and Cooperatives, and Youth and Sports, Asif Mahmud Shojib Bhuyain has said that broadband internet prices at the consumer level have been reduced by up to 20 percent.

In a post on his verified Facebook account today, he stated that "The Bangladesh Telecommunication Regulatory Commission (BTRC) has implemented this price reduction to enhance accessibility and ease of internet use across the country."

In another post, Asif Mahmud provided an update on the country's financial reserves. He mentioned that "The reserve is expected to reach between $ 27 and $ 30 billion next month, with a long-term target of $ 40 billion, which will require time to achieve."

He added, "According to the latest data from the central bank- Bangladesh Bank, as of May 19, the gross reserves stand at $ 25,444.43 million, while under the International Monetary Fund's (IMF) BPM-6 accounting system, the reserves are currently $ 20,007.59 million."