Bangladesh Risks New Inflation Surge by Printing Money

Bangladesh risks new inflation surge by printing money

Bangladesh, South Asia’s second-largest economy and one of the world’s fastest-growing garment exporters, has spent much of the past two years trying to tame inflation after a prolonged cost-of-living squeeze. Now it risks undoing some of that work the old-fashioned way — by printing money. Fresh concern has followed reports that the stock of “high-powered […] The post Bangladesh risks new inflation surge by printing money appeared first on Asia…

Bangladesh Rejects Claims of Money Printing Amid Structural Reforms

by Asif Showkat Kallol (Dhaka Bureau) In a move to stabilize a fragile economy and reassure international observers, the Bangladesh government has officially denied reports of injecting ‘artificial liquidity’ into the market. Finance Minister Amir Khosru Mahmud Chowdhury, addressing a pre-budget consultation in Dhaka, dismissed claims that the state had printed Tk20,000 crore to fund its deficit, calling such reports ‘incorrect and misleading.’ …