Finance adviser seeks 3 months to reduce inflation
Further steps would be taken to stabilise the prices of essential commodities during Ramadan, said Salehuddin Ahmed
It will take another two to three months for inflation to decrease as government measures take effect, Finance Adviser Salehuddin Ahmed said today (4 February).
Acknowledging that high inflation is causing difficulties, he said several initiatives have already been implemented to address the issue.
He made these remarks while speaking to journalists after a meeting of the Cabinet Committee on Government Purchases at the Secretariat.
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The adviser also stated that further steps would be taken to stabilise the prices of essential commodities during Ramadan.
The government expects these measures to help bring average inflation down to 6%–7% by June.
According to data from the Bangladesh Bureau of Statistics (BBS), monthly overall inflation has remained above 9% for over two and a half years.
In December, overall inflation stood at 10.89%, while food inflation was recorded at 12.92%. Food inflation had peaked at 14.10% in July.
