Congratulations to you, my dear countrymen, welcome to heaven. But wait, heaven is…dark? One might be forgiven for thinking that here in Bangladesh at the moment, as cyclical power cuts literally leave millions in the dark for hours, and fuel prices make others see stars. It might become cheaper to buy a vehicle than the actual costs of buying a week’s fuel for it on a consistent basis. So, get walking, go green, when better than now?

Take the recent and absurd fuel price hike, for example. The country's people are focusing on and monitoring how we, the citizens of Dhaka, will handle this situation so they can follow suit. To them, we say, “Hold my Borhani.” The fuel price hike gave an extra flare to the attitude of operators of CNG-run auto-rickshaws, Uber cars, and Pathao bikes, thus rendering the daily commute undesirable. Yet, most fail to grasp the opportunities we are presented with, such as being innovative and healthy. Power walking or riding your bicycle for commute is your divine solution.

Inflation is pinching our wallet. No matter how much you earn every month, the effect of high inflation is squeezing your purchasing power. People around the globe are now saving less than before, because it is becoming difficult for so many of us to just meet the necessary expenses; prices of gasoline, food, and housing are all soaring high. During this time of economic crisis, try becoming a smart shopper to mitigate the negative impact of inflation on your quality of life.

It seems that just as we recover from one crisis – the global pandemic – another one begins.

Rawhide was not being bought and sold at prices fixed by the government, but the market situation was fairly good compared to last year.

Norway and Sweden have joined the ranks of central banks opting for 50 basis-point interest rate rises, delivering their biggest policy tightening moves in two decades.

Inflation in Bangladesh rose to 7.42 per cent in May, the highest since 2014’s May.

The protruding question we’re left with is this: is the allocated sum for purchasing even merely enough to support our publishers in this grave time?

Finance Minister AHM Mustafa Kamal sees six major challenges for the fiscal year 2022-23:

The government has set a 5.6 per cent inflation target in the proposed budget for the 2022-23 fiscal year although the prices of essentials and other commodities are persisting at higher levels.

Finance Minister AHM Mustafa Kamal has reached the National Parliament to present the National Budget for the financial year 2022-23 today.

Budgeting is perhaps the single most important tool that helps us manage our money wisely during volatile economic times.

It appears normal service will resume with fiscal 2022-23’s budget, which will see the return of double-digit growth in size -- a practice introduced by former finance minister AMA Muhith.

The government should prioritise job creation and inflation control in the budget for the next fiscal year in a bid to help the marginalised people survive amid higher prices of essentials, said the Citizen’s Platform for SDGs, Bangladesh, yesterday.

We don’t need another botched govt relief programme for the poor

Inflation falls to 5.52 percent in June, the lowest in four months, riding on a decline in both food and non-food prices, according to a statement from the planning ministry.

The rate of inflation in February last declines to 5.62 percent, the lowest in the last 41 months, thanks to the declining price trend of food and consumer goods alongside stable exchange rate.

It is often said that numbers do not lie, but when it comes to the Bangladesh economy, the saying appears to be on shaky grounds.

Inflation increased by 0.07 percentage points to 6.24 percent in September from the previous month primarily due to the increased economic activities for Eid-ul-Azha.

Inflation slightly rises in July by 0.38 percentage points due to the increase of non-food inflation during the outgoing Eid-ul-Fitr.