Awami League government has overprinted 60 thousand crore taka

Awami League government has overprinted 60 thousand crore taka

Staff Correspondent, morenewsbd.com
Staff Correspondent, morenewsbd.com

Published: 06:52 10 September 2024

Finance and Trade Advisor Salehuddin Ahmed. He said, you know why inflation increased. 60,000 crores have been paid over the money. They have effects. It will take more time to reduce them.

The advisor did not say anything about when the 60 thousand crore rupees were printed.

Salehuddin Ahmed spoke about money printing while talking to reporters after a courtesy call on UNDP Resident Representative Stephen Liler at the Secretariat on Monday (September 9).

Inflation has come down, but its effect is not visible in the market – when journalists drew attention to this, he said, inflation is coming down little by little. You may understand that. We are taking more initiatives to keep supply running. There will be no reduction in supply. Our consumer rights will operate in relation to marketing.

The adviser assured to take action against extortion in the market of daily commodities.

The average inflation rate in FY 2023-24 was 9.73 percent. Headline inflation rose to 11.66 percent on a point-to-point basis in July. And the next month in August, the overall inflation rate on a point-to-point basis fell to 10.49 percent.

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