The Bangladesh Bank yesterday announced an array of measures to bolster its fight against stubbornly high inflation, a major headache for the new government.
The Bangladesh Bank yesterday announced an array of measures to bolster its fight against stubbornly high inflation, a major headache for the new government.
The government’s foreign debt repayment is expected to increase as much as 63 percent by fiscal year 2025-2026 from the last financial year, indicating renewed pressure on the country’s coffers.
Inflation eased in December but remained at more than 9 percent for the 10th straight month as prices of goods and services shows no signs of falling, straining the purchasing power of consumers.
The government has increased the interest rates of two US dollar-denominated bonds by up to two percentage points to attract investments from non-resident Bangladeshis (NRBs) to boost inflows of the greenback.