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Submitted by Arafat Rahman on
the problem of inflation in bangladesh is very crucial. So when talking about economic growth we need to keep in mind how to encorage it without fueling inflation. so that life stadards dont decrease. Bangladesh needs to look at individual industries and try to make policies to increase financial assistance and invstments in these industries. Bangladesh needs to compensate the industries that is shrinking due to losses so that production in the future is not affcted much. the lending rate is too high in bangladesh.commercial banks charges a intrest rate as high as 22%,which discourages investment thus production decreases and unemployment occurs. Goverment should take initiatives to control money supply not intrest rates. The productivityof the work force is a major factor therefore investments in primary education is needed. more universities and institutes are needed. ta incentives are too low. goverment should decrease tax rates so (but keep in mind the inflation) personal investments could rise. The coal mines should be extracted by bangladeshi companies so more raw materials are avaialble.