The relationship between budget deficits and inflation is not automatic. It depends largely on how the deficit is financed, the state of aggregate demand, the output gap, and the quality of public expenditure.

Among the 78 lakh people, 38 lakh have become extremely poor

Bangladesh, like most other Asian countries, witnessed a rapid rise in urban population, a fact that requires stronger urban governance to make the cities liveable and thriving, said a new report of the United Nations Development Programme (UNDP).