Prime minister Sheikh Hasina on Monday asked the commerce ministry for increasing market monitoring to check the price hike of essentials.
The prices of several products are increasing although there is no supply crisis, said cabinet secretary Md Mahbub Hossain quoting prime minister Sheikh Hasina in a briefing at the secretariat after the weekly cabinet meeting.
The general food inflation in the past month crossed double-digit again after a four-month gap while the general inflation have been hovering a decade high for 22 months heightening sufferings of low and fixed income groups.
The PM gave the directive for increasing market monitoring to state minister for commerce Ahsanul Islam Titu while presiding over a cabinet meeting at her Tejgaon office.
The cabinet also approved a number of proposals including a guideline on the introduction of the Sheikh Mujibur Rahman Peace Prize worth $1,00,000.
Any individual or an organisation at home and abroad contributing to the global peace will be given the prize once in two years, said the cabinet secretary.
The award will also be included of a medal weighing 50 grams of gold of 18 karat and a certificate.聽聽聽
Heads of the government, Nobel laureates, policymakers and dignitaries at home and abroad and the UN can propose names of individuals and organizations to the jury board.聽聽
The cabinet secretary said that the government was expecting to hold the inaugural ceremony of the award in May, 2025.
The government will provide the fund from the annual budget for the award until the formation of an endowment fund with expected contributions from home and abroad, he added.
The cabinet gave the final approval to the Chief Election Commissioner and Election Commissioners (Remuneration and Privileges) Act, 2024 that will allow the chief election commissioner to draw monthly Tk 105,000 and the commissioners Tk聽95,000.
Besides, the cabinet approved signing of the 鈥楢greement on Maritime Transport Cooperation among the countries under the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation鈥�.
The cabinet also decided to sign the Protocol to the D-8 PTA Dispute Settlement and the 鈥楢postille Convention Act 1961.
The signing of the Apostille Convention will allow the countrymen not to submit documents including education and marriage certificates to travel signatory countries of the convention, said the cabinet secretary.
He said 126 countries are signatories to the convention.
