Inflation is constantly decreasing, wage rate increasing: Planning Minister

Planning Minister MA Mannan

Planning Minister MA Mannan has said that the general point to point inflation has been declining in the country over the last four months while, on the other hand, the wage rate is increasing. He said this while addressing a dialogue titled ‘Crisis in economy: What could be the strategy?’ held at the BRAC Centre Inn in the capital on Saturday.

Organized by civil society think tank Centre for Policy Dialogue (CPD), its chairman and country’s eminent economist Dr Rehman Sobhan moderated the dialogue.

The Planning Minister said that although the inflation rate is declining, the declining pace is slow. He said that Prime Minister Sheikh Hasina, as the head of the government, has been running the country and its economy properly.

Mannan said despite the global economic recession-like situation, the government is working relentlessly to do better on all fronts while also pursuing a suitable strategy to do much better. In response to various criticisms against the government, he said after assuming office in 2009, the government has almost freed the country from hunger which is a great achievement.

Lawmaker Barrister Shamim Haider Patwary, former Bangladesh Bank Governor Dr Salehuddin Ahmed, executive director of PRI Dr Ahsan H Mansur, former chief economist of the World Bank country representative office Dr Zahid Hussain and managing director of Berger Paints Bangladesh Ltd Rupali Haque Chowdhury spoke, among others, on the occasion.

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