State of the Bangladesh Economy in FY2021-22 slide image

State of the Bangladesh Economy in FY2021-22

Independent Review of RBD Bangladesh's Development Macroeconomic Management Higher prices of essentials caused anxiety ➤ In the backdrop of the negative impact of COVID-19 on income and employment, the rising prices of essential commodities have caused serious anxiety, undermining the adjustment and recovery efforts ➤ Increased prices in the international market, the falling value of BDT against major currencies of importing sources, and lack of good governance contributed to rising prices of essentials The rate of inflation in October 2021 was only 5.4%, while food inflation was 5.3% ■ The inflation data for November 2021 is yet not available! Indeed, controlling prices of essentials should receive topmost priority from the vantage point of macroeconomic management as the country seeks to generate a faster recovery from the pandemic afflicted benchmark CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading) 12 12
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