DHAKA, Feb 26, (V7N) – The Bangladesh interim government is making efforts to keep commodity prices stable during the upcoming Holy Month of Ramadan, Finance Adviser Dr. Salehuddin Ahmed said on Tuesday.

Addressing reporters after meetings of the Advisers Council Committee on Economic Affairs and Government Purchase, Dr. Ahmed noted that inflation had dropped by 1% last month and that the government was working to bring it down further before the FY26 budget announcement.

The government is procuring and importing essential items like rice, lentils, edible oil, and sugar.

Monitoring and enforcement: Authorities, including the Directorate of National Consumer Rights Protection (DNCRP), will take action against illegal stockpiling and hoarding.

Consumers are encouraged to report abnormal price variations for swift government action.

Dr. Ahmed assured that the FY26 budget would be presented on time, consulting business leaders, economists, and trade associations. He also emphasized that:

There is no severe dollar crisis despite increased import activity.

The current account and financial account balances are positive.

Macroeconomic stability remains intact, but continued stability in politics and law enforcement is crucial.

The finance adviser projected that inflation would decline further after Ramadan, stabilizing by June 2025. The government is also prioritizing essential imports, including LNG for the summer, wheat, and urea fertilizer.

Dr. Ahmed reaffirmed that those who evade taxes will be held accountable, while compliant taxpayers will not face additional burdens.

Despite economic challenges, he expressed optimism that Bangladesh’s economic trajectory remains stable, provided that political and market stability is maintained.

END/AJ/RH/