Schools to close an additional day and government offices and banks shorten work hours to reduce electricity usage amid concerns over rising fuel prices.
Schools in Bangladesh will close an additional day each week and government offices and banks will shorten their work days by an hour to reduce electricity usage amid concerns over rising fuel prices and the impact of the Ukraine war.
The reduced hours take effect on Wednesday. In Bangladesh, most schools are closed on Fridays, but now will also close on Saturdays, Cabinet Secretary Khandker Anwarul Islam said.
He said government offices and banks will cut their workdays to seven hours from eight hours, but private offices will be allowed to set their own schedules.
Supply disruptions caused by the Ukraine war have led to soaring world prices for energy and food.
Bangladesh has been taking measures in recent weeks to ease pressure on its declining foreign currency reserves. Last month, fuel prices were raised by more than 50 percent. The government says it is exploring options to get cheaper fuel from Russia under a special arrangement.
The decision has drawn criticism, but the government said it is necessary to cut losses amid rising international fuel prices. Small street protests against the higher prices have taken place in recent weeks and the government said domestic prices will be adjusted after international prices ease.
