The Ministry of Livestock and Fisheries yesterday started selling milk, eggs and meat at “affordable prices” across 20 locations inside Dhaka in a bid to stabilise the market during Ramadan.
There are at least three laws and as many government bodies to protect the consumers from price manipulation, but it goes on unabated due to lax enforcement of the laws and a lack of coordination among the government organisations, say commodity experts.
Bangladesh has been facing persistent high inflation over the last one year
The government has continued borrowing from Bangladesh Bank as commercial banks have been unable to come up with much-needed funds owing to a liquidity crunch.
How do we address the silent famine that is looming large?
Bangladesh’s economy buckled, but it did not break. However, challenges remain.
Russia’s war in Ukraine might be taking place 5,800 kilometres away from Bangladesh and the country is not involved militarily in the dragging conflict in any way, but its economy and people have been paying heavy prices.
The current level of high inflation rate may persist throughout the ongoing fiscal year, according to a forecast of the Bangladesh Bank.
The volatility of commodity prices in both global and local markets has put ordinary people in Bangladesh in an uncertain situation.
The Ministry of Livestock and Fisheries yesterday started selling milk, eggs and meat at “affordable prices” across 20 locations inside Dhaka in a bid to stabilise the market during Ramadan.
There are at least three laws and as many government bodies to protect the consumers from price manipulation, but it goes on unabated due to lax enforcement of the laws and a lack of coordination among the government organisations, say commodity experts.
Bangladesh has been facing persistent high inflation over the last one year
The government has continued borrowing from Bangladesh Bank as commercial banks have been unable to come up with much-needed funds owing to a liquidity crunch.
How do we address the silent famine that is looming large?
Bangladesh’s economy buckled, but it did not break. However, challenges remain.
Russia’s war in Ukraine might be taking place 5,800 kilometres away from Bangladesh and the country is not involved militarily in the dragging conflict in any way, but its economy and people have been paying heavy prices.
The current level of high inflation rate may persist throughout the ongoing fiscal year, according to a forecast of the Bangladesh Bank.
The volatility of commodity prices in both global and local markets has put ordinary people in Bangladesh in an uncertain situation.
The sudden rise in the price of sugar, a key ingredient for popular items such as biscuits, juices, sweets and candies, has pushed up the cost of production, putting manufacturers in a tight spot.