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.
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?
Life is set to get tougher for the poor and the low-income people as the Asian Development Bank yesterday projected that inflation in Bangladesh would average 6.7 percent this fiscal year, up from 6.2 percent in fiscal 2021-22.
Specific policy incentives are needed to stimulate the economy and revive the labour market.
Bangladesh needs proper macroeconomic management to avoid middle income trap
The import demand for fuel remains high as ever despite the government initiatives to reduce consumption, raising questions about the logic behind the strict measures that only fuelled inflation.
An economy without an independent source of data is like an aircraft flying without its airspeed sensors.
Does the government not know of the plight of lower- and middle-income groups?
Nothing but their own voices reaches them
Most of the listed banks in Bangladesh had to keep higher provisions in the first half of 2022 owing to the bearish trend in the share market and the removal of the relaxed loan classification policy that sent bad loans higher.
The record fuel price hike last week has thrown a spanner in the works to the finance division’s projection of bringing the twin problems of inflation and delicate foreign currency reserves under control by December.
Inflation is pinching our wallet. No matter how much you earn every month, the effect of high inflation is squeezing your purchasing power. People around the globe are now saving less than before, because it is becoming difficult for so many of us to just meet the necessary expenses; prices of gasoline, food, and housing are all soaring high. During this time of economic crisis, try becoming a smart shopper to mitigate the negative impact of inflation on your quality of life.