high inflation

70pc households change food habits for high inflation

As many as 70 percent of the households in Bangladesh changed their food habits involuntarily to cope with the high prices, according to a survey by the South Asian Network on Economic Modelling (SANEM).

Inflation hits five-month high in October despite steps

Inflation once again grazed double digits in October, advancing 30 basis points to 9.93 percent despite the government’s repeated assurances of measures to rein it in.

High Inflation: Worrying but under control

Finance Minister AHM Mustafa Kamal yesterday said that though he is worried about the elevated level of consumer prices, the situation is still under the government’s control.

A budget divorced from reality

Self-contradictory is what best describes Finance Minister AHM Mustafa Kamal’s fifth budget, and the last of the Awami League-led government’s current term.

Credit growth slips to 14-month low

Private sector credit growth in Bangladesh dropped to a 14-month low of 11.23 per cent in April owing to weak credit demand amid the current business slowdown, official figures showed.  

Fiscal policy can help tame inflation and protect the most vulnerable

High inflation can impose serious and lasting costs on the economy and people. But the distributive effects of inflation—the way it transfers money from some individuals to others—are complex.

Budget FY 23-24: IMF conditions, inflation, polls 3 key issues

Three issues would be dictating the upcoming fiscal year’s budget, the last of the Awami League government’s present five-year term: the International Monetary Fund’s conditions, the persistently high inflation and next year’s national election.

We must check relentless price increase

Lack of action to bring down prices of food is especially concerning

November 10, 2022
November 10, 2022

Here Comes the Loan…

IMF deal is further proof that economic reforms are badly needed

November 1, 2022
November 1, 2022

Economic and political reforms must go hand in hand

All our institutions are crumbling because of politicisation, inefficiencies, and corruption.

August 31, 2022
August 31, 2022

Snapchat to cut 20% jobs after lowest revenue growth in its history

Snap Inc (SNAP.N) said on Wednesday revenue growth in the third quarter is running at the slowest rate in the company's history, as high inflation, rising interest rates and a deteriorating economy continues to ravage the advertising industry.

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