Finance Adviser Dr. Salehuddin Ahmed said fluctuations in international markets prevent a simultaneous decline in the prices of all commodities in the domestic market.
He made the remarks following a meeting of the Public Procurement Advisory Committee at the Secretariat on Wednesday afternoon.
The market operates in a way where the price of one commodity may decrease while that of another increases, he explained.
However, he assured that the government is working in the best interest of the people.
Highlighting the uncontrollable nature of international markets, the Finance Adviser said that price increases are frequently reported, but declines often go unnoticed.
The government is working to ensure transparency and efficiency in procurement processes, he added.
Additionally, he announced that the meeting had approved necessary measures for the expedited printing of textbooks for grades 9 and 10.
However, it may not be possible to distribute all the textbooks by January.
Salehuddin Ahmed acknowledged that lowering the price of potatoes in the market has become a challenging task.
With the well-being of the public in mind, regular meetings are being held to expedite the approval of imports for essential goods, he emphasized.
During the meeting, approvals were granted for the procurement of liquefied natural gas (LNG), fertilizers, lentils, and oil.
Bd-Pratidin English/ARK