Amid discussions about a Sri Lanka-type abyss in Bangladesh, the Awami League (AL) has come up with a comparative analysis of inflation in different countries, showing how it managed to deal with it in the wake of the ongoing Russia-Ukraine war.
The party's official Facebook page mentioned that the inflation in the US has soared to 9.1 percent, compared to 7.56 percent in Bangladesh as of June. Turkey's inflation has reached a record high, 78.6 percent.
About the austerity measures of the government, the AL said: "A look at the rising prices in different economies would reveal Bangladesh is not isolated as bigger countries are reeling from bigger shocks."
"As the world is still reeling from the Coronavirus pandemic, it has faced another potential disaster, the Russia-Ukraine conflict. Sanctions and counter-sanctions left the world economy in a daze," the AL said.
"Looking at the inflation scenario across different countries in the world, the crisis around the planet can be readily figured out. Still, some people in the country try to portray the problem of inflation solely belonging to Bangladesh."
Read: Inflation hits record 8.9% in euro area, but economy grows