Zanzibar govt to address inflation

THE Office of Chief Government Statistician (OCGS-Zanzibar) has said that there is a decline in food importation from Tanzania mainland.

He said the situation is driven by consumer price index which is at the highest level in just three weeks after the general election, surging to 8.7 per cent currently from 5.2 per cent before the elections.
Mr Khamis Ahmada Shauri, head of the pricing department OCGS, told reporters in Zanzibar that the government is unhappy with the current high inflation rates, citing it as a structural problem that needs to be addressed.
“The current inflation outlook is not good, but we hope that inflation will slow down to remain in the single digit to help Zanzibar maintain its steady economical growth,” said Mr Shauri.
He said the current inflation was temporary, and it is expected to fall as importers bring items including food to the Islands.
Many residents and Hotels owners have been complaining about increasing price of commodities, saying it was an abrupt change in business

Related Posts


EmoticonEmoticon

:)
:(
=(
^_^
:D
=D
=)D
|o|
@@,
;)
:-bd
:-d
:p
:ng
:lv