Finance adviser Mirza Azizul Islam Saturday said it would be
unrealistic to expect that prices of essentials, especially rice, would come
down, and the government rather planned budgetary steps to stop prices from
spiraling further, report agencies.
cited rice hoarding at farmer's level and soaring global prices of other commodities
as factors that made prospects for cooling down local market bleak.
He said in a program that attended by trade body leaders, economists
and consumer rights campaigners one should not expect a fall in market prices
as the prices of commodities including food, fertilizer and fuel are increasing
on the international market,.
adviser said holding of a significant amount of rice by the farmers might
result in relatively higher price of the food-grain in the coming days.