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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
Households whose income for subsistence comes only from farming, including leasing out cropland, are now going through tough times, according to researchers.
Households whose income for subsistence comes only from farming, including leasing out cropland, are now going through tough times, according to researchers.
Central bank governor yesterday ruled out the possibility for a floating exchange rate although many economists have long suggested Bangladesh put in place a market-determined price
The poverty situation in Bangladesh was higher than expected in 2020-21 as the COVID constrained economic activity and reduced incomes. The situation worsened further amid spirals in global food prices in 2022. And the global economic slowdown could push more people into poverty this year.