Inflation due to extra Tk. 60,000 crore printing: Finance Advisor
Finance and Trade Adviser Salehuddin Ahmed said that the Awami League government has overprinted 60 thousand crore rupees. 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 taka were printed.
Salehuddin Ahmed spoke about printing money while talking to reporters after a courtesy call on UNDP resident representative Stephen Liler at the secretariat on Monday (September 9).
Even if the inflation is reduced, its impact is not visible in the market – when the journalists drew attention to this, he said, the inflation is decreasing 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, August, on a point-to-point basis, the overall inflation rate fell to 10.49 percent.
