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Stagflation: A growing crisis in Bangladesh

Three years ago, Osman Goni, 45, from Darussalam, Dhaka, was able to support his family on a monthly income of Tk15,000. However, with the increasing cost of living, particularly in food and basic commodities, his family’s expenses have ballooned to Tk30,000–Tk35,000 a month. Despite his best efforts, Osman’s income has not increased proportionally, forcing him to borrow Tk5,000 to Tk10,000 monthly just to make ends meet.

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