Bangladesh may face three challenges in the new year
Like the outgoing year, the government may face three challenges in the economic sector in 2024. The former governor of Bangladesh Bank thinks so. Atiur Rahman. The challenges are high inflation, dollar exchange rate and export earnings and expatriate earnings.
Thursday (January 4) 'Thoughts at the beginning of the year: Which way is the economy of Bangladesh?' He said this in an online public lecture.
Atiur Rahman highlighted what to do to face the challenges of the new year, saying that the first challenge is inflation. Although slightly reduced. Still around 9 though. There may be inflation in the next six months. Inflation should be brought under control through coordination of monetary policy, fiscal policy and social security programs. If necessary, the import duty should be reduced, so that the cost of importing goods is reduced.