Inflation pushes 78 lakh more into poverty since 2022: Study

About 1.78 crore other folks in Bangladesh beget either turn out to be gloomy or are at possibility of poverty due to high inflation since 2022, essentially based totally on a most up-to-date assume.

With a decrease in buying ability due to continuous high inflation, 78 lakh other folks in the country beget near below the poverty line, and about one crore other folks beget near below the danger of poverty, revealed the assume performed by the Look at and Protection Integration for Construction (RAPID).

The findings of the assume had been presented at some point soon of a workshop, titled “Most up-to-date Macroeconomic Enviornment and Preparation for LDC Graduation”, on the CIRDAP auditorium in the capital this day (15 December).

RAPID also stumbled on that 38 lakh other folks that had been beforehand gloomy beget now fallen below the extraordinary poverty line.

“Poverty and vulnerability cases beget turn out to be worse attributable to of eroding buying energy,” Deen Islam, examine director of RAPID, mentioned in his presentation.

Speaking on the occasion, RAPID Chairman MA Razzaque mentioned, “Real wages beget no longer increased on the identical price as poverty has increased. As a consequence, poverty and vulnerability beget increased.”