Amid speculation about a Sri Lanka-like abyss in Bangladesh by the opposition parties, the Awami League on Friday said that the government had managed to deal with inflation in the wake of the ongoing Russia- Ukraine war.
Providing a comparative scenario of inflation across the world, the party's official Facebook page in a post mentioned that the inflation in the US has soared to 9.1%, compared to 7.56% in Bangladesh, as of June. Turkey’s inflation has reached a record high, 78.6%.
In reference to ceaseless rants centering recent austerity measures as put in place by the government, the Awami League said: “A look at the rising prices on different economies would reveal Bangladesh is not isolated as bigger countries are reeling from bigger shocks.
"As the world is still reeling from the Coronavirus pandemic, it has faced another potential disaster, the Russia-Ukraine conflict. Sanctions and counter-sanctions left the world economy in a daze. Looking at the inflation scenario across different countries in the world, the crisis around the planet can be readily figured out. Still some people in the country try to portray the problem of inflation solely belonging to Bangladesh.”