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

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