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Sunday, July 6, 2008
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It's unrealistic to expect food prices to come down

Says: Mirza Aziz

Finance Adviser Mirza Azizul Islam yesterday said it would be unrealistic to expect that the prices of food items, particularly that of rice, would come down, as less than half of the post-harvest crops have arrived at the market this year.

"What we are considering is to check further rise in the prices," he told a seminar, explaining the government's efforts through measures within and beyond the budget 2008-09.

The finance adviser said 20 percent of the total agriculture production has come to the market after the harvest of this season compared to a normal trend of 40 percent with little impact on the price situation.

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