New government tries to balance investment needs and holding down prices
Rickshaws and cars move through traffic on a street in Dhaka, Bangladesh, on Feb. 11. (Photo by Ken Kobayashi)
DHAKA — The effects of the Iran war on energy costs are threatening to exacerbate Bangladesh’s inflation, which has already hit a 10-month high and risen for four straight months, complicating the new government’s economic recovery efforts and plans by the new central bank governor to cut interest rates.