hief Adviser's Press Secretary Shafiqul Alam today spoke at a press briefing at Foreign Service Academy. Photo: PID

DHAKA, Feb 9, 2025 (BSS) - The interim government hopes that the inflation rate will come down to 7.5 percent by July as the economy of Bangladesh has turned around, Chief Adviser's Press Secretary Shafiqul Alam said today. 

He made the remarks at press briefing held at the Foreign Service Academy here.

The press secretary said a meeting on 'Bangladesh economy: recent challenges and future way forward' was held at the Chief Adviser's Office here with Chief Adviser Professor Muhammad Yunus in the chair.

During the meeting, he said, the overall economy of Bangladesh, power and energy, revenue income, banking sector, foreign trade and other issues were discussed.

Shafiqul Alam said the participants of the meeting claimed that every indicator of the economy shows that Bangladesh's economy has turned around, while import growth has increased, new jobs have been created and inflation has dropped to a single digit. 

"We firmly believe that inflation rate will decrease to 7.5 percent by next July...we hope that inflation will not increase during the upcoming Ramadan," he said.

About the land dispute of Korean Export Processing Zone (KEPZ), the press secretary said there is a dispute about the 2,500 acres land of KEPZ and that was why foreign investment did not come to it.

Document of mutation was handed over to the KEPZ authorities on February 6, he said, hoping that now big foreign investors will be interested to invest in the KEPZ. 

Chief Adviser's Deputy Press Secretaries Abul Kalam Azad Majumder and Apurba Jahangir and Assistant Press Secretary Suchismita Tithi were also present at the press briefing.