Hi Guys,
I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.
I'm Australian, and the inflation rate in 2023 was over 4%.
I have noticed significant increases for everyday essentials like food, petrol and utilities.
The cost of petrol is around $2.10AUD per litre, which is insane.
Let's hope things improve in the near future because the current state of things is unsustainable.
I can't say what the cost of living is like in different countries of the world but in my Bangladesh the price of daily necessities is so sky high that the common people are struggling to live. The prices of daily essentials are skyrocketing and so out of control that it becomes very difficult for a middle class family member to lead a normal life.
Rice $3/5kgs, potatoes $0.56/kg, Poultry $1.8/kg, Meat $7/kg , Soabean oil $1.6/kg, sugar $1.4/kg, petrol $1.27/ltr, eggs $0.5/4pics ,
In general, it is becoming impossible for a low and middle class family to live a normal life in Bangladesh. Corruption especially in the political circles and arbitrary arbitrariness of the judiciary are responsible for creating this situation for us.
Yes the current economic condition of Bangladesh is critical due to which the cost of living of every person living in this country has doubled. Prices of commodities including daily necessities have also doubled as you mentioned. This problem is ongoing not only in Bangladesh but also in some countries in Asia and Africa.
I want to hold the government of that country responsible for the economic crisis of any country, just as the government of Bangladesh is the cause of the economic crisis of Bangladesh. The former Prime Minister of Bangladesh who recently resigned and left the country has given the country a huge loan to the World Bank. Which is a burden to the people of Bangladesh. A country that owes more to the World Bank then the government of that country pays additional VAT on various food products and clothing produced in their country. As a result, it has become almost impossible for the day laborers, middle class and lower middle class people living in this country to meet their living expenses.