Registering economic growth of 6.5 percent in fiscal year 2023-24 would be satisfactory for Bangladesh considering the current economic climate at home and abroad, according to Professor Shamsul Alam, the ex-state minister for planning.
As food prices decline globally, Bangladesh deviates from the trend and registers high food inflation. And unless policies are changed, 2024 too is unlikely to see prices go down
People living in rural Bangladesh have witnessed more erosion in their purchasing power and well-being than the urbanites as the former are paying more for both food and non-food items