Information and Broadcasting Minister Hasan Mahmud on Wednesday said that inflation in Bangladesh is lower than many developed and South Asian countries.
Hasan said this at a news compilation publishing event held at the Secretariat.
“Many developed countries are experiencing record-breaking inflation rates. Inflation rate in the US is at 8.6 per cent, while in the UK, Germany, Russia, Turkiye and the Netherlands the inflation rates are 9.1 per cent, 7.9 per cent, 17.1 percent, 73.5 per cent and 9.6 per cent, respectively,” said Hasan.
The minister, also the Joint General Secretary of the ruling AL, added that among the South Asian countries, inflation rates in Sri lanka and Pakistan are at 39.1 per cent and 13.8 per cent, respectively.
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“In India, the inflation rate is hovering above seven percentage points. Inflation rate in Bangladesh was around six per cent a few days ago. Recently, it has gone up to seven percentage points. Commodity prices have started to fall around the world and I think that we’ll be able to reap the benefits of this downward trend of prices within two to three months,” added Hasan.
Replying to a question, the minister reaffirmed that the next general election will be held in ways elections are held across the world, which is under the incumbent government and the current Election Commission (EC).
Source: United News of Bangladesh