High inflation indicates a fragile national economy
BRITISH economist Lionel Charles Robbins said in the 80s, 鈥業f the average inflation of a country exceeds 4.2 per cent, then there is no more economy in that country.鈥� Inflation was 4.6 per cent in the last fiscal year of the Bangladesh Nationalist Party-led four-party coalition government. Inflation started increasing after the authoritarian leader Sheikh Hasina came to power...