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.
Why is there so much difference between the reality of common people and that which the government wants to see or project?
The landless casual workers in rural areas and the urban poor face a bleak prospect.
Why is the government failing to manage the market as they should?
The number of internet subscribers in Bangladesh saw its first rebound after six months in February this year thanks to a jump in mobile internet users.
Increase monitoring to check manipulation of food prices
Bangladesh is expected to get about $6 billion over the next four years from development partners other than the International Monetary Fund to meet the development financing needs, particularly to address climate change challenges.
Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.
While the government is distracted by elections, the financial economy will suffer
Let’s think of some out-of-the-box ways to tackle even the most formidable of problems.
The government has trimmed its growth forecast for this fiscal year by a whole percentage point to 6.5 percent as the energy shortage and inflation dampened economic activities.
