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Bangladesh raises electricity price to ease subsidy burden

DHAKA, Feb. 28 (Xinhua) — The Bangladeshi government Tuesday again raised the price of power at the retail level.

The retail price of electricity will be raised by 5 percent for the third time since January this year, and the new rate will come into effect from March 1, according to a notice from the ministry of power, energy and mineral resources on Tuesday.

The average retail price of electricity will