BIDS Report Warns of Inflation Driven by Global Oil and Input Costs
What happened
A report published by the Bangladesh Institute of Development Studies warned that Bangladesh should prepare for a new period of inflation in the coming winter. This is attributed to higher global oil prices and rising agricultural production costs, which have nearly doubled the cost of farm inputs like fertilizers and pesticides.
From ianslive.in
Why it matters
The report noted that vulnerable households may be forced to sell assets or borrow money to meet daily expenses. The Bangladesh Institute of Development Studies urged policymakers to strengthen social protection and review the public food distribution system, particularly for rural households.
From ianslive.in
Who's involved
- Bangladesh Institute of Development StudiesPublished the report warning of rising inflation and input costs.
- A. K. Enamul HaqueDirector General of the Bangladesh Institute of Development Studies, who made statements on the report.
- Daily StarCited the report published by the Bangladesh Institute of Development Studies.
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The entities involved
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Bangladesh Institute of Development Studies
research institute in Bangladesh
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Daily Star
fictional newspaper from the DC Universe
Nothing else this week.