High-level meeting on country’s economic progress held

Bangla Press Desk:  A high-level meeting on the country’s overall economic progress and budget expenditure was held at the state guesthouse Jamuna in the city on Monday.

Chief Adviser Prof Muhammad Yunus chaired the meeting attended by, among others, Finance Adviser Salehuddin Ahmed, Planning Adviser Wahiduddin Mahmud and Bangladesh Bank Governor Ahsan H Mansur.

The meeting discussed a range of key economic issues, including inflation, wage growth, agricultural production, financial and external sector, current account, remittance, imports and letters of credit.

Inflation

The meeting was informed that as a 12-month average, overall inflation in the country fell below 9% for the first time in November 2025 since June 2023.

It may be noted that on a point-to-point basis, inflation crossed 9% in March 2023, reaching 9.33%.

However, overall inflation (point-to-point) had already declined below 9% in June 2025 and further decreased to 8.29% in November 2025.

It is expected that due to the government’s contractionary monetary policy and austerity measures, inflation will fall below 7% by June 2026.

Wage Growth

The meeting was informed that in recent years, the gap between inflation and wage growth rates has been very wide, resulting in a decline in real income of the people.

However, in recent months of the current fiscal year, this gap has narrowed significantly.

In November 2025, point-to-point inflation and wage growth stood at 8.29% and 8.04% respectively, compared to averages of 9.02% and 7.04% in FY 2022–23.

As a result, although real income had declined considerably in previous years due to high inflation, a gradual recovery is expected in the current fiscal year.

BP/SP