Bangladesh unveils $12.6 billion anti-inflation budget
Friday, June 08, 2007
DHAKA: Bangladesh’s emergency government Thursday announced a slew of subsidy and welfare measures in a $12.6 billion anti-inflation budget.
The budget came amid government fears that failure to keep the soaring cost of essential items under control could undermine the popularity it won after coming to power following a political crisis in January.
Impoverished Bangladesh’s 144 million population, 40 percent of whom live on less than a dollar a day, has been facing the highest inflation in nine years. …
That sounds like peanuts for a population of 144 million people. Hope, Bangladesh does well under a military rule as well.