The former government was very responsive to the emerging issues that shook the global economy. For instance it could launch subsidies for the basic items like oil, and food items. What is your take?
How is your government handling the inflation in your country?
- Thread starter Stardom22
- Start date
Inflation is my city is not high. Only 2.1%. Therefore, the government is not really doing anything to handle this.
- Joined
- Sep 25, 2023
- Messages
- 24,876
- Reaction score
- 2,210
- Trophy Points
- 122
- Location
- Philippines
- D Bucks
- 💵1.423350
- Referral Credit
- 100
In the Philippines, our government invited many investors to reduce the inflation in our country. The Ph inflation rate went reduced drastically from 6% in 2023, in this year it's only 2.2 percent inflation rate. Inviting foreign investors help a lot.
I think the government should look at the situation well that the citizen do not suffer
inflation is a cause for concern for investors and business owners. However, government has to attract more direct investments to encourage economic growth and address inflation.
The government of my country has spoken to the industrialists that they can control to bring down the prices of some items. They have also fought crypto exchanges as one of the people behind the inflation.
My Government has not shown any interests in the engaging in any activities to reduce the inflation rates.
Our Indian government was least bothered about inflation and kept on increasing the prices of essential commodities.
My government are rather increasing taxes and tariffs. It is difficult to do business in my country now.
eLdavis
Media Lab Marketing Team (Digital Promoters)
Staff member
Digital Promoter
Gold Supporter
Literary Virtuoso
Registered Member
When it comes to how the government is handling inflation in my country, I would say it's pretty bad. They are not putting in any effort to make things easy, rather it seems they are even making it worse.
The government in my country is completely clueless on what to do to manage the inflation. They are waiting for IMF and world bank to give them ideas.
It's quite a very long time since l hear from the government about it's plans on the inflation issues.
The problem is that the youths resorted to crypto since the government couldn't help them but the government still fought them with that too.
I think that the government is working so hard in the management of the country's economy to reduce the rates of inflation
I think the government had already been overwhelmed on the inflation issues here for sure.
