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Budget FY2024-25 : Ambitious target set to curb high inflation: CPD

Budget FY2024-25 : Ambitious target set to curb high inflation: CPD

Staff Correspondent

The local private research institute Centre for Policy Dialogue (CPD) on Friday claimed that the government has set an ambitious target in its proposed budget for FY2024-25 to rein in the existing high inflation.

"The proposed budget has set a target to reduce inflation to 6.5% which was hovering over 9% in May. A realistic target should be taken here," CPD Executive Director Dr Fahmida Khatun said in a post-budget briefing at the Bangabandhu International Conference Center (BICC) in Dhaka.

She also said that they do not notice the activities of macroeconomic stability frames in the proposed budget.

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