Ramadan prices of commodities in Bangladesh to remain at a tolerable level

Market & Price Trends
Published Feb 29, 2024

Tridge summary

Bangladesh's Prime Minister, Sheikh Hasina, has pledged to maintain the prices of essential goods at a manageable level during Ramadan. She highlighted that the country is facing imported inflation due to global price increases in products such as fuel oil, edible oil, wheat, fertilisers, and various food items. To combat this, the government is offering various duty exemptions. Additionally, she reaffirmed the government's commitment to a zero-tolerance policy against corruption.
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Original content

Prime minister Sheikh Hasina on Wednesday said that the prices of essential commodities would be reined in at a tolerable level in Bangladesh during the month of Ramadan. ‘I hope that the price inflation will remain at a tolerable level during the holy month of Ramadan and it will be possible to rein in the prices of daily necessities in the market,’ she said.The prime minister was responding to a written question from ruling party lawmaker (Bhola) Ali Azam during PM’s question answer session in the House.She said that the measures already taken by the government would provide relief to the poor families, including elderly persons, widows, women left by husbands and low income groups.Hasina, the leader of the House, said that the present government was the people’s government. ‘So the government is always trying to ease the suffering of the people.’‘The government is doing everything to maintain normal prices of essential consumer goods. We have already managed to contain the ...
Source: Newagebd
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