'Kathgolap' awarded in Malaysia
Monsoon active, heavy rain expected
America wants the people of Bangladesh to choose their leaders freely
Uranium transfer on Thursday, festive atmosphere in Rooppur
No objection to the movement, violence will not be spared: Prime Minister
Dhaka, Sept 12: Finance Minister AHM Mustafa Kamal has expressed hope that inflation will be brought under control soon. He said this in a written reply to the question of the ruling party member Mumtaz Begum during the question and answer session of the National Parliament session on Monday.
Dhaka, August 30: Prime Minister Sheikh Hasina has given various directives to rein in inflation in the country through various efforts and government policies along with curbing unnecessary expenditure and wastage of government funds.
Dhaka, June 24: Bangladesh’s central bank took some critical decisions at its latest monetary policy meeting on June 18. It had decided to replace the prevailing regime of administered or artificial foreign exchange rates with a unified market-determined rate by the end of the 2023-24 (July-June) fiscal year. Also, the three-year-old deposit floor rate is removed. Banks can now offer interests of their choice to the depositor. The cap on the lending rate is allowed to move up to three percentage points from the prevailing 12%.
Dhaka, June 6: Prime Minister Sheikh Hasina has directed the concerned people to take necessary measures to curb the high inflation to ease the suffering of the people on commodity prices.
Dhaka, May 4: Inflation in the country rose again in February after five consecutive months of decline. Inflation rose further in the following month, March. According to the latest Bangladesh Bureau of Statistics (BBS) estimates, headline inflation rose to 8.78 percent in February. Inflation rate rose again to 9.33 percent in March. In the last month of April, the price inflation decreased slightly. In the month of April, the overall or general inflation rate stood at 9.24 percent. As a result, inflation has decreased by 0.09 percent in April compared to March.
Dhaka, April 11: The price of chemical fertilizers has been increased by five takas per kg at the level of farmers and dealers due to the increase in international market prices. The Ministry of Agriculture issued an order on Monday increasing the prices of Urea, DAP, TSP and MOP fertilizers by Tk 5 per kg. Planning Minister MA Mannan believes that the increase in the price of fertilizer will have an impact on inflation.
Inflation, characterized by the general rise in prices of goods and services over time, is a natural phenomenon that affects the economy of any country. While inflation is usually a sign of a growing economy, it can also pose a threat to startups and small businesses.
Dhaka, February 7: Compared to the previous month of December, the general price inflation has decreased to 8.57 percent in the beginning of this year, i.e. January. Last December it was 8.71 percent. As a result, inflation has decreased somewhat in the new year. However, inflation has increased in January 2023 compared to January 2022. In January 2022, general inflation was 5.86 percent.
Dhaka, January 13: Finance Minister AHM Mustafa Kamal has expressed hope that the inflationary pressure will come down to a bearable level by the end of the current financial year as the prices of fuel oil and LNG are falling in the international market.
Dhaka, December 6: Inflation has slightly decreased in November from last October. At the end of November, the price inflation has come down to 8.85 percent, which was 8.91 percent last month.
Dhaka, December 2: Planning Minister MA Mannan said that the inflation is constantly decreasing. As part of the continuation, inflation will decrease further. The minister said this at a discussion meeting on the occasion of 'welcoming and commemoration' of the children of freedom fighters working in the BCS administration and BCS police cadre to celebrate the Great Victory Day and implement the spirit of liberation war at the International Mother Language Institute in the city on Thursday (December 1).
Dhaka, November 23: With the good news of reducing inflation, Planning Minister MA Mannan said that now the inflation rate is going down and the wage rate is going up. This is a good sign. Inflation will come down next December or January. Inflation will stabilize in February.
Own Correspondent, Dhaka, Oct 6: The world is trying to overcome the shock of the Covid-19 pandemic. At the same time the Russia-Ukraine war. The negative impact of pandemics and wars on the global economy. The price of fuel increased in the international market. The food market also became unbridled. It also affected Bangladesh. On August 5, the government increased the price of fuel oil. Prices of almost all daily commodities also increased immediately after the announcement of the increase in fuel prices. Then comes the country's inflation data, which has been increasing till now.
Dhaka, August 3: The rate of inflation was increasing uncontrollably. Prices of daily commodities including edible oil and wheat skyrocketed. Due to this, the inflation rate of food products increased significantly in the month of June.
Own Correspondent, Dhaka, July 21: Information and Broadcasting Minister Dr. Hasan Mahmud commented that inflation in Bangladesh is much lower than that of USA, UK, Germany, Turkey and neighboring SAARC countries.