Rising prices hurt the poor, forcing cuts to necessities and increasing poverty in Bangladesh.
“Steps taken by the government so far failed to bring down prices of essential commodities,” said CPD Executive Director Fahmida Khatun
Three advisers to the interim government of Bangladesh will meet today to discuss solutions for taming inflation, which remains high even though several initiatives have been implemented to this end.
Govt has been able to stabilise the market situation
There have been reports of increase in food prices in domestic markets during the post-election weeks
The timing of the visit, amidst labour unrest and pre-election volatility, is particularly significant.
Why have the price hikes not pushed regular citizens into action, fuelled by anger?
In his budget speech for FY2023-24 at the national parliament today, Kamal said inflation would be largely controlled from here on.
Even though poor people are struggling to make ends meet amid runaway inflation, the government allocation for social safety net programmes may not increase much in the next fiscal year.
Rising prices hurt the poor, forcing cuts to necessities and increasing poverty in Bangladesh.
“Steps taken by the government so far failed to bring down prices of essential commodities,” said CPD Executive Director Fahmida Khatun
Three advisers to the interim government of Bangladesh will meet today to discuss solutions for taming inflation, which remains high even though several initiatives have been implemented to this end.
Govt has been able to stabilise the market situation
There have been reports of increase in food prices in domestic markets during the post-election weeks
The timing of the visit, amidst labour unrest and pre-election volatility, is particularly significant.
Why have the price hikes not pushed regular citizens into action, fuelled by anger?
In his budget speech for FY2023-24 at the national parliament today, Kamal said inflation would be largely controlled from here on.
Even though poor people are struggling to make ends meet amid runaway inflation, the government allocation for social safety net programmes may not increase much in the next fiscal year.
Inflation in Bangladesh fell slightly to 9.24 per cent in April, driven by a decline in food prices, although it still remains at an elevated level compared to historic trends, official figures showed yesterday.
