Finance minister AHM Mustafa Kamal recently neatly sidestepped a question of adjusting fuel oil price in the domestic market following its price slump globally.
"There is a line ministry to look after it. The prime minister herself will decide on it in time," he said replying to reporters during a virtual briefing.
Earlier, the minister chaired two cabinet meetings.
Asked whether he should adjust price of the commodity as a finance minister for the sake of economy, Mr Kamal said, "Price increase and price cut is not my task."
"As a finance minister, I have many other things to do," added the businessmen-turned-minister.
Crude oil price was hovering $42.51 per barrel on Wednesday in the international market compared to around $53 per barrel in mid-August last year.
As the Covid-19 pandemic hit the global economy, crude oil price fell as low as $14 globally on April 20.
Despite the oil price crash, Bangladesh did not lower the price of the commodity in the domestic market despite repeated calls from the business community.
The cabinet committee on government purchase on the day approved the import of 150,000-tonne low sulphur marine oil under the government-to-government (G-to-G) arrangement.
The procurement will cost the exchequer Tk 4.38 billion.
