Post
Topic
Board Economics
Re: Food prices doubled this year
by
Sithara007
on 20/07/2021, 03:30:11 UTC
In my country Bangladesh price of food growing every day even Evey hour.  Due to some political issues, corruption and instabilities of politics, poverty and nature clasters responsible for food price hikes.

Is there any solid reason for the hike in food prices? From what I can see, the national currency (Bangladeshi Taka) has remained stable (in terms of exchange rate) for the last few years. Also, Bangladesh produces most of it's food, as it is one of the leading producers of rice. So what is the reason for this price increase? And from what I have heard, Bangladesh is having a stable government, with the prime minister Sheikh Hasina in power since 2009. I thought that the situation was improving there.. looks like I was wrong.