Selim Reyhan, executive director of the private research institute South Asian Network on Economic Modeling (SANEM), told Prothom Alo that the increase in food inflation is quite worrying. If the Middle East crisis prolongs, it will affect the country’s imports, which may increase inflation. Selim Reyhan also said that compared to neighboring countries, we have […]
Inflation has increased for three consecutive months and the total inflation rate has increased to 8.58 percent in January this year. Inflation had also increased in December and November. Bangladesh Bureau of Statistics (BBS) on Sunday released inflation data for the month of January. The total inflation rate in December was 8.49 percent. Earlier in […]
Fundamental weaknesses have been exposed in the entire economic system. Comprehensive qualitative changes are required, otherwise it will not be possible to overcome the crisis. Wahiduddin Mahmud raised the question whether any such initiative was taken from the highest level of the government. The government is continuously taking foreign loans. Expenditure on interest has increased […]
Prothom Hello , This is the fourth term of the Awami League and the first budget of the new finance minister. What is new in this budget? Broadly, how would you evaluate it? There were a lot of expectations from this budget. Our economic problems or crisis, whatever you call it, have been going on […]
The minister said, “We have taken all steps to control inflation, and are looking at what more we can do to rein in inflation.” He also said that contractionary measures will continue for now. Aiming to tackle inflation, the Finance Minister on Thursday presented the proposed national budget of Tk 7.97 trillion for the fiscal […]
The budget is not about speeches. It is a statement on medium-term macroeconomic policy. This statement is one of the many documents related to the budget. It mentions various challenges faced by the economy, such as a strict monetary and expenditure contractionary policy is being followed, in the hope that this will reduce inflation in […]
Though the government is trying to reassure people, no one is believing it because the base has become weak. Apart from this, there is also pressure to fulfill various conditions of the International Monetary Fund (IMF). This multidimensional pressure has also affected the upcoming national budget. The growth rate which was more than 10 percent […]
In addition, measures like constant monitoring of markets to control inflation, increasing coverage of social safety nets, automatic adjustment of fuel oil prices in line with the global market will help in having a positive impact on inflation. Several initiatives have been taken in the next budget, which includes ensuring food for all, improving the […]
The inflation picture painted by the Centre for Policy Dialogue (CPD) just ahead of the budget presentation for FY 2024-25 is extremely worrying. Although the overall inflation is 10 percent, food inflation is much higher than this. There has been a lot of discussion on the issue of high inflation for the last few years, […]