The release reads the price of Urea per kg at the international market is Tk 81. Despite the price hike, the government will have to provide a subsidy of Tk 59 per kg – which was Tk 15 in 2005-06.

Currently, over 2.6 million tonnes of Urea is being used, which was 2.5 million tonnes in 2019. Apart from this, the price of Urea at international markets has increased by three to four folds in the last one year, resulting in the increase of subsidy to this sector, said the agricultural ministry.

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