Huge Yes To Flat Rate

"Man with money always wins"

By Abdifatah Mohamed Ahmed, Hargeysa/Somaliland

Market fluctuation is one of the major crisis that affects these days many people in Somaliland. The price of the items and commodities specially necessary and needed things like food stuffs is not constant and fixed, and is exploding tremendously and due to this syndrome pain the communities like penury and middle classes experienced the pain of inflation.

If government successfully launches and implements rules and regulations concerned about the business sector such as fixing the price of the stocks and maintaining regularly the situation would not be like this. Now it is on the vice-versa and government did not influence the business leaders and that is why commercial leaders and tycoons are ready to do what ever they wish, like to expropriate the meager income of the people by using high inflation.

Although there is no shortage of stocks in our country at this present scenario, but still inflation is very high, and price volatility and mark-up is there. Because business icons decides to explode the rate of the items, to gain brisky profit,. And they do not fear any government sanctions. But believe me this blunder discourages and let downs many of the society.

Business leaders must understand the position of the country and apart from that also they should grasp the ability and capacity of their people before they commence their venture. How we can develop welfare of the society if business icons deny reducing the price of the commodities, how can we take few steps forward if exploitation and marauding replaces clemency, sympathy and patronage?

Most people in our country (s/land) are preliterate, doing drudgery and menial jobs with hard toil; in addition to that also there are thousand of family living poor condition and even behind poverty line struggling to get their sustenance. Because what they are earning is meager income and they can avoid paying the entire time huge and high level price. So that we must give them relief and deflation.

Finally I would like to say head of the state must reform and revive economic moribund of the country. They should also restrict and exert the power of business icons, and slow down this high and persistent inflation. Otherwise we will remain the most humiliated nation in the face of the earth. And moreover our economic development will remain negative and recession. Big yes to flat rate.

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