Publish: 14:39, 04 Feb, 2025 Updated: 14:43, 04 Feb, 2025

'12 banks are fully operational, while the rest are struggling'

'Reducing inflation: Biggest challenge for Interim Government'

♦ 'Many compare Bangladesh's economic situation to Sri Lanka's, which is inaccurate'
Online Desk
'Reducing inflation: Biggest challenge for Interim Government'
Photo: Finance Adviser Dr. Salehuddin Ahmed

Finance Adviser Dr. Salehuddin Ahmed said inflation has risen due to the disrupted stock and supply of various essential commodities, including rice, adding that "the biggest challenge for the Interim Government is to reduce inflation, and it will take at least three more months for it to reach a manageable level."

He made these remarks after the Government Procurement Advisory Committee meeting at the Secretariat today (February 4).

The adviser said, "While some draw comparisons between Bangladesh's economy and Sri Lanka's, this is not accurate. However, it is important to acknowledge that out of 60 banks in the country, only 12 are fully operational, with the rest struggling."

"The supply of essential commodities, including rice, will not be allowed to decrease from now on. Imports of essential items like rice, lentils, and fertilizers are being carried out," he added.

Bd-Pratidin English/ARK

More News
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
Remittance inflows soar in early March with $814mn in 8 days
Remittance inflows soar in early March with $814mn in 8 days
NBR launches customs risk management to address money laundering
NBR launches customs risk management to address money laundering
BSEC employees return to work
BSEC employees return to work
China could end crude oil imports in 20 years, NPC deputy Liu Hanyuan predicts
China could end crude oil imports in 20 years, NPC deputy Liu Hanyuan predicts
China consumption slump deepens as February prices drop
China consumption slump deepens as February prices drop
China learned from Trump’s first trade war and changed its tactics
China learned from Trump’s first trade war and changed its tactics
Workers of closed factories struggling to survive
Workers of closed factories struggling to survive
Ship carrying rice from India arrives at Ctg Port
Ship carrying rice from India arrives at Ctg Port
Global coffee industry hit by soaring prices and supply challenges
Global coffee industry hit by soaring prices and supply challenges
Market prices calm after initial surge at the start of Ramadan
Market prices calm after initial surge at the start of Ramadan
Eurozone 2024 economic growth revised up to 0.9%
Eurozone 2024 economic growth revised up to 0.9%
Latest News
Brook withdraws from IPL to 'recharge' and focus on England
Brook withdraws from IPL to 'recharge' and focus on England
just now | Sports
Election Commission invites applications for new political party registration
Election Commission invites applications for new political party registration
2 minutes ago | National
National consensus commission sends letters to 34 political parties
National consensus commission sends letters to 34 political parties
2 minutes ago | National
Bernie Sanders steps into leadership of the anti-Trump resistance
Bernie Sanders steps into leadership of the anti-Trump resistance
5 minutes ago | International
Banani road accident: RMG workers exit streets following ultimatum
Banani road accident: RMG workers exit streets following ultimatum
6 minutes ago | City
Nissan tests driverless cars on busy Japan city streets
Nissan tests driverless cars on busy Japan city streets
15 minutes ago | Tech
Inzamam tells Gavaskar to control his tongue
Inzamam tells Gavaskar to control his tongue
19 minutes ago | Sports
Tokyo was filled with charred corpses after US firebombing 80 years ago. Survivors want compensation
Tokyo was filled with charred corpses after US firebombing 80 years ago. Survivors want compensation
24 minutes ago | International
Thai man arrested for laundering money for call centre scam gangs
Thai man arrested for laundering money for call centre scam gangs
34 minutes ago | Tech
Scholars stranded worldwide due to US State Dept funding freeze
Scholars stranded worldwide due to US State Dept funding freeze
43 minutes ago | International
Rajshahi division gets 2,36,997 new voters
Rajshahi division gets 2,36,997 new voters
43 minutes ago | National
Iran open to talks on nuclear militarization concerns
Iran open to talks on nuclear militarization concerns
57 minutes ago | International
Zelensky took billions from Biden like ‘candy from a baby’
Zelensky took billions from Biden like ‘candy from a baby’
1 hour ago | International
Malaysia has to sign at least eight protocols to use nuclear energy, says minister
Malaysia has to sign at least eight protocols to use nuclear energy, says minister
1 hour ago | International
Dizziness could signal anaemia: Causes, symptoms, and treatment
Dizziness could signal anaemia: Causes, symptoms, and treatment
1 hour ago | Lifestyle
Bangladesh housing sector in crisis, facing severe stagnation
Bangladesh housing sector in crisis, facing severe stagnation
1 hour ago | National
Australia’s first 3D-printed multi-storey house under construction in Wyndham
Australia’s first 3D-printed multi-storey house under construction in Wyndham
1 hour ago | Tech
Controversy over CT final presentation ceremony
Controversy over CT final presentation ceremony
1 hour ago | Sports
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
More 42 metric tons of potatoes exported to Nepal thru Banglabandha port
2 hours ago | Business
Remittance inflows soar in early March with $814mn in 8 days
Remittance inflows soar in early March with $814mn in 8 days
2 hours ago | Business
Trump criticizes King Charles III's meeting with Zelensky, claims it damaged relations
Trump criticizes King Charles III's meeting with Zelensky, claims it damaged relations
2 hours ago | International
Sleep better, stabilise blood sugar
Sleep better, stabilise blood sugar
3 hours ago | Lifestyle
US condemns escalating violence in Syria, calls for accountability
US condemns escalating violence in Syria, calls for accountability
3 hours ago | International
RMG workers block Banani road over colleague’s death in road crash
RMG workers block Banani road over colleague’s death in road crash
3 hours ago | City
Magura rape victim shifted to paediatric ICU at CMH
Magura rape victim shifted to paediatric ICU at CMH
3 hours ago | National
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
3 hours ago | Entertainment
Starlink is ‘backbone’ of Ukrainian military – Musk
Starlink is ‘backbone’ of Ukrainian military – Musk
4 hours ago | Tech
Magura rape case: Main accused Hitu Sheikh on seven-day remand
Magura rape case: Main accused Hitu Sheikh on seven-day remand
4 hours ago | City
Rohit says 'not retiring' from ODIs
Rohit says 'not retiring' from ODIs
4 hours ago | Sports
How to create realistic to-do lists and avoid burnout
How to create realistic to-do lists and avoid burnout
4 hours ago | Lifestyle
Most Read
HC orders completion of Magura child rape trial within six months
HC orders completion of Magura child rape trial within six months
23 hours ago | National
EC to issue notification on new parties’ registration Monday
EC to issue notification on new parties’ registration Monday
19 hours ago | National
Bangladesh, Kuwait commit to boost trade, energy and investment ties
Bangladesh, Kuwait commit to boost trade, energy and investment ties
23 hours ago | National
Cyclone, Kalboishakhi, and heatwaves expected from March to May
Cyclone, Kalboishakhi, and heatwaves expected from March to May
23 hours ago | National
First batch of medical tourists to leave for China today
First batch of medical tourists to leave for China today
4 hours ago | National
Take control of your life by setting powerful discipline goals
Take control of your life by setting powerful discipline goals
23 hours ago | Lifestyle
What future leaders can learn from Prof Yunus
What future leaders can learn from Prof Yunus
6 hours ago | National
Ways to reverse fatty liver
Ways to reverse fatty liver
23 hours ago | Lifestyle
RMG workers block Banani road over colleague’s death in road crash
RMG workers block Banani road over colleague’s death in road crash
3 hours ago | City
‘Rape probes to be completed in 15 days, trial in 90 days’
‘Rape probes to be completed in 15 days, trial in 90 days’
21 hours ago | National
Home adviser inspects four police stations early Monday
Home adviser inspects four police stations early Monday
4 hours ago | National
Enhancing jute use essential for sustainable development: Rizwana
Enhancing jute use essential for sustainable development: Rizwana
6 hours ago | National
Mila makes her comeback to playback singing after 7 years
Mila makes her comeback to playback singing after 7 years
6 hours ago | Entertainment
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
Khushi Kapoor in Mom Sequel following in Sridevi's footsteps
3 hours ago | Entertainment
Sleep better, stabilise blood sugar
Sleep better, stabilise blood sugar
3 hours ago | Lifestyle
How to create realistic to-do lists and avoid burnout
How to create realistic to-do lists and avoid burnout
4 hours ago | Lifestyle
Dhaka chokes: World's most polluted city this morning
Dhaka chokes: World's most polluted city this morning
5 hours ago | City
Bangladesh housing sector in crisis, facing severe stagnation
Bangladesh housing sector in crisis, facing severe stagnation
1 hour ago | National
Rohit says 'not retiring' from ODIs
Rohit says 'not retiring' from ODIs
4 hours ago | Sports
Remittance inflows soar in early March with $814mn in 8 days
Remittance inflows soar in early March with $814mn in 8 days
2 hours ago | Business
‘Only an elected government can drive real economic growth’
‘Only an elected government can drive real economic growth’
21 hours ago | National
Govt to launch hotline to combat sexual harassment
Govt to launch hotline to combat sexual harassment
20 hours ago | National
Court orders freezing ex-minister Saifuzzaman’s assets
Court orders freezing ex-minister Saifuzzaman’s assets
18 hours ago | National
Govt employees to receive salary before month ends on the occasion of Eid
Govt employees to receive salary before month ends on the occasion of Eid
21 hours ago | National
Trump administration ends Iraq's waiver to buy Iranian electricity
Trump administration ends Iraq's waiver to buy Iranian electricity
21 hours ago | International
NBR launches customs risk management to address money laundering
NBR launches customs risk management to address money laundering
20 hours ago | Business
‘Govt adopts zero tolerance policy against anarchies’
‘Govt adopts zero tolerance policy against anarchies’
16 hours ago | National
China to use AI in elder care as population ages: official
China to use AI in elder care as population ages: official
22 hours ago | Tech
Rajshahi division gets 2,36,997 new voters
Rajshahi division gets 2,36,997 new voters
38 minutes ago | National
Eid advance train ticket sales to begin on March 14
Eid advance train ticket sales to begin on March 14
20 hours ago | National