Despite the government saying that the Ramadan commodities stock is sufficient, it is a given that prices will increase — whatever the increase margin is. It is the basic rule of the market. It will happen because of the higher import costs.” – Dr Khondaker Golam Moazzem, Research Director at the Centre for Policy Dialogue
Ramadan and price hike – these two words have become intertwined in recent years. Every year, the price of necessities go up rapidly in the holy month, leaving citizens of the country in undue distress.
This year, the trouble has been compounded by the ongoing dollar crisis, which is continuously deepening, and in addition, the import bills are increasing every day.
Amid such circumstances, the newly-elected government vowed to regulate the market regulation – with a focus on stabilising essential food items, almost a month back…
