We need prompt, effective measures that can support the poor as well as help curb inflation.
Chief Adviser Prof Muhammad Yunus yesterday admitted that the interim government has not yet been able to control inflation but expressed his belief that it would come down soon.
Consumer financing has slowed as people are adopting a go-slow strategy for taking loans, considering the increasing trend of interest rates amid ongoing inflationary pressure.
Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.
Rises to over 11% for second time this year
The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
The central bank should strengthen its communication strategy to clarify policy decisions and their expected effects on inflation.
The government must recognise that when push comes to shove, the conditions of existence precede any abstract promises of progress or growth.
Considering the global market situation and measures taken domestically, inflation will decline, the BB governor told reporters
We need prompt, effective measures that can support the poor as well as help curb inflation.
Chief Adviser Prof Muhammad Yunus yesterday admitted that the interim government has not yet been able to control inflation but expressed his belief that it would come down soon.
Consumer financing has slowed as people are adopting a go-slow strategy for taking loans, considering the increasing trend of interest rates amid ongoing inflationary pressure.
Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.
Rises to over 11% for second time this year
The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.
The central bank should strengthen its communication strategy to clarify policy decisions and their expected effects on inflation.
The government must recognise that when push comes to shove, the conditions of existence precede any abstract promises of progress or growth.
Considering the global market situation and measures taken domestically, inflation will decline, the BB governor told reporters
Inflation rises to 10.87 percent in October from 9.92 percent in September
