The Bangladesh Bank will declare its monetary policy statement for July-December of the 2024-25 financial year tomorrow, focusing on checking inflation rate which has been nearly 10 per cent in recent months...
The IMF held its global growth expectations for 2024 steady in a report Tuesday even as it cut forecasts for the United States and Japan, while warning of inflation risks and trade tensions ahead...
Economist Ahsan H Mansur on Saturday said that the printing of money by the Bangladesh Bank to keep some troubled Islamic banks afloat must be halted immediately to check inflation in the country...
US inflation cooled more than expected in June, government data showed Thursday, a positive development for president Joe Biden as he fights to win confidence on his...
The net sales of national savings certificates further declined in the July-May period of the 2023-24 financial year due to high inflation and rising bank interest rates...
The overall inflation in June eased at 9.72 per cent, but the food inflation still persisted at over 10 per cent for the third consecutive month amid price spiral of...
State minister for finance Waseqa Ayesha Khan on Tuesday said that the government had intensified its efforts to transform Bangladesh into a developed nation by 2041 through economic stability, science education, scientific research, innovation and support for the agriculture sector to ensure food security...
Crisis-hit Sri Lanka鈥檚 annual inflation almost doubled to 1.7 percent in June, up from 0.9 per cent the previous month, as food prices began rising again, official data...
Leading researchers on Thursday said they were now more optimistic about this year鈥檚 outlook for the German economy, as lower inflation boosts...
INFLATION in Bangladesh has recently skyrocketed from its average value of 5 per cent to around 9 per cent within just a few months in 2022 and has not seen a...
Britain鈥檚 inflation rate has slowed to a near three-year low, official data showed Wednesday, but the boost for embattled Prime Minister Rishi Sunak was unlikely to prevent...
The finance division has identified around half a dozen challenges, including high inflation, a low tax鈥揋DP ratio, non-performing loans, and high...
The Exporters Association of Bangladesh on Tuesday said that controlling inflation would be the biggest challenge in the upcoming financial year as foreign currency reserve of the country had depleted...
The Citizen鈥檚 Platform for SDGs, Bangladesh on Monday said that the proposed budget for 2024鈥�25 fiscal year would hit the disadvantaged people hard as the government deducted allocations for them amid high inflation...
Economist Qazi Kholiquzzaman Ahmad highlighted on Monday that Bangladesh鈥檚 economy was trapped in a 鈥榲icious circle,鈥� rendering inflation control policies ineffective, unlike the successes seen in Sri Lanka, India and Pakistan...
THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024鈥�2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...
The government has proposed the reintroduction of undisclosed money legalisation scopes in the new national budget to appease businessmen, officials...
The government has set a target to limit inflation within 6.5 per cent in the financial year 2024鈥�25, although prices of food and non-food items keep rising over...
THE average inflation in the outgoing financial year surpassing the average inflation in the past financial year, which was a decade-high, shows the inefficiency and inadequacy of measures taken by the government to contain inflation. The overall 12-month average inflation has been recorded by the Bangladesh Bureau of Statistics at 9.73 per cent...
Food inflation continued to maintain an upward trend in May, pushing overall inflation to a seven-month high and compounding the miseries of the...
Turkish inflation jumped above 75 per cent in May, official data showed Monday, but officials expect consumer prices to have finally peaked in a cost-of-living crisis that has dogged president Recep Tayyip Erdogan...
The Center for Policy Dialogue on Sunday said that the government had failed to tackle the inflation due to weak market monitoring causing price hike of...
US and European stock markets mostly rose Friday as investors digested fresh inflation data that could set the tone for interest-rate moves by central banks...
THE increase in the tariff of supply water for Dhaka by 10 per cent, which will take effect on July 1, would be another burden on people, especially from low- and fixed-income groups, who have already been constrained by soaring inflation...
The Bangladesh Bank in a report said that proper market intervention and implementation was needed to address the widening price gap between retail and wholesale prices of essential items that contributed to high food inflation in Bangladesh...
The manufacturing sector of the country has been hindered by lower consumption in both domestic and external level amid high inflation, import restrictions due to a dollar crisis and shortage of gas and electricity over the past few months, according to the Metropolitan Chamber of Commerce and Industry鈥檚 economic review...
The pace of Japanese inflation slowed in April as gas bills fell, government data showed Friday, raising questions about when the Bank of Japan will hike interest rates again...
Britain鈥檚 annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, boosting the governing Conservatives before this year鈥檚 general election...
The net sales of national savings certificates plummeted in the July-March period...
High inflation reduces foreign exchange reserves, as more reserves are necessary to stabilise the foreign exchange market and cool down inflation, according to a research paper by officials of the Bangladesh Bank...