Govt doing its best to rein in prices of essential commodities: PM

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Prime Minister Sheikh Hasina on Sunday said her government is doing its best to control the prices of daily essentials in the country amid the high global inflation rate.

“We’ve been trying our best to keep the prices of essentials under control,” she said while inaugurating 40 new fire stations in different places of the county. 

The prime minister also directed the authorities concerned to take proper actions against the hoarders of essential items and those who play with their prices.

She joined the inaugural function at the Fire Service and Civil Defence Headquarters in the city’s Fulbaria through a videoconference from her official residence Ganabhaban.

Hasina said the coronavirus pandemic has caused economic recession throughout the world, deepened by the ongoing Ukraine-Russia war.

There is a food crisis even in many developed countries and the inflation rate went up to 17 per cent in some places. The inflation rate is 7-9 per cent in many European countries, she added.