The problem with drought donations: massive inflation
Posted: Wed Mar 08, 2017 1:28 pm
by Futurist
They are all in cash, rather than food. This causes enormous inflation. The government needs to take control of drought donations from diaspora to use this to import food. Otherwise the businessmen are making the real money through massive inflation of prices and no additional food is imported into the country.
Somaliland government needs to implement price controls on staple foods for the duration of the drought. Somaliland government needs to build warehouses for staple food to store emergency food reserves for drought periods
What is the cause of this inflation? Many people are suffering because the Dollar is worth up to 1,000 Land Shilling.
Also let's not forget there is a drought
Re: The problem with drought donations: massive inflation
What is the cause of this inflation? Many people are suffering because the Dollar is worth up to 1,000 Land Shilling.
Also let's not forget there is a drought
Re: The problem with drought donations: massive inflation
Posted: Thu Apr 13, 2017 1:08 pm
by Futurist
Mostly wholesalers like Indho Deero and Kaah profiteering