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Inflation expected to drop below 8%

 VB  Desk

VB Desk

Finance Adviser Salehuddin Ahmed has said point-to-point inflation will fall below the 8% mark by June.

He said while presenting the budget for the fiscal year 2025-26 (FY26) via a pre-recorded telecast speech.

He said: "The fight against inflation, however, may result in a slightly lower GDP growth rate compared to previous years."

He stressed the importance of a stable exchange rate of the taka against foreign currencies to maintain the downward trend of inflation.

He also emphasised that achieving such stability requires maintaining adequate foreign currency reserves.

Regarding inflation control measures, the adviser noted that the government has consistently implemented a contractionary monetary policy in recent months.

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