Dhaka, Feb. 4 -- Finance Adviser Dr Salehuddin Ahmed on Tuesday expressed optimism that the general point-to-point inflation rate in Bangladesh will decrease to between 6-7 per cent by June.
"It will take another two to three months for inflation to decrease as government measures take effect. If we can bring price hikes down to 6-7 per cent by June, we will consider it satisfactory," he said.
The adviser said this after a meeting of the Advisers Council Committee on Government Purchase (ACCGP) at the city's secretariat.
Salehuddin said further steps would be taken to stabilise the prices of essential commodities during the holy month of Ramadan.
Acknowledging that high inflation is causing difficulties, he said several initiatives have...