Increase of Food prices, Decrease of US dollar rates and confusion
among the population
By
Zamzam Ahmed Hassan
Hargeisa Somaliland is a small and is emerging country. It is part
of what the world called the third world. Economically is very
fragile the only economic Somaliland rely on is the livestock. The
export of the livestock has been very small since the Saudi Arabia
banned Somaliland’s livestock. This has produced the highest
unemployment in the country. 70% of the people are unemployed and
they are depending on the very small numbers who have some kind of
employment and the remittance of the Somaliland’s Diasporas who send
some money to their love ones back home.
Recently what is unfortunate how the Somaliland’s business people
don’t care about their own deprived nation, Last two years the price
of the essential food has been rising month by month. Right now the
main crisis is the value of the us dollar has gone down and price of
the food is doubled, specially rice and corn flowers which are the
two main essential food in the country. All above these, there is
no justification of the rise of the food prices, as there are no
increased of government taxations or fuel price increased.
On the other hand it appear there is a confusions within the public,
at the same time there is no co-ordination among the public, they
don’t know what is their entitlements, also no body is inquiring how
and who is responsible for the price increased, who ever can afford
to purchase the food is buying it, those can’t afford at all are
silent with empty stomach.
Over all the government is liable the day to day running of the
country but previously the government was reluctant and never
interfered any business struggle that went out of hand, today
unexpectedly the government has announced that the government is
nothing to do with the price increased, and confirmed there is no
tax or fuel price increased. The government blamed the local food
stores rather then those who import the food and ordered them to
reduce the price of all the essential food, a price that the
ordinary people can afford. The public has warmly welcomed the
government’s announcement.
I would like to conclude this article with some advice to the
business people that you should not only think making profit but
also think to help your own deprived nation and at same time look
into your country’s economic stage and show a good citizenship.
