The Bangladesh government has recently made an announcement that it will be changing the way in which airfare for passengers and goods transportation is determined. Effective July 1st of this year, the local currency, taka, will be used instead of the US dollar.
This decision was communicated in a circular that was signed by the deputy secretary of the Civil Aviation and Tourism Ministry. As a result of the directive, all local and foreign airlines operating in the country will now have to determine airfare in taka, rather than in dollars.
The circular also notes that Bangladeshi airlines that operate outside of the country have been setting airfare in the currencies of those countries. As such, it is recommended that airfare in Bangladesh should also be set in taka.
This decision was made with the approval of the relevant authorities and with consent from the Finance Ministry.
