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The BEA had proposed a Tk 17.38 lakh crore budget for FY2021-22, which was also almost three times the government allocation of Tk 6.03 lakh crore for the year.
The Indonesian Oil Palm Farmers Association calculated that farmers had lost approximately Rp 11.7 trillion (US$799 million) by the end of April because of the ban.
Pakistan bans import of non-essential luxury items under 'emergency economic plan'
The underemployment rate also increased to 3.8 percent during the period.
The PM also instructed the ministries of commerce and finance to come up with a comprehensive plan within two or three days to address the price hike.
This is well below the 8.8 per cent growth recorded in 2021, as higher inflationary pressures and uneven recovery of the labour market will curb private consumption and investment.
The Bangladesh finance minister also dismissed comparisons made between Bangladesh and Sri Lanka.