High inflation, low wages, food shortage: Yunus govt forced Bangladesh citizens to tighten belt
Dhaka, Jan 21 (IANS) Bangladesh interim administration led by Muhammad Yunus has failed to meet the expectations of the people who are forced into a budgetary belt-tightening under the combined effects of high inflation rates, low wages, and an artificial food scarcity, the local media has highlighted.“When the interim government took charge, expectations were high,” according to an opinion piece in Bangladesh’s The Business Standard. “A year and a half later, that hope has thinned. Prices have not come down. Inflation has not been tamed. Instead, it has settled into a kind of uneasy permanence,” it added.It described Dhaka’s wet markets being quieter; shoppers buying less, going for cheaper items as rising prices squeeze household budgets.“The interim government came with promises of re...
