Inflation peaks as government issues decrees

[Deeq A.]

By Ahmed Abdi

Hargeisa—Inflation have peaked following the government’s move to order telecommunication firms not to accept less than hundred U.S as mobile money transfer.

Somaliland authority issued a decree banning firms providing Zaad Service to store balances less than 100 U.S dollar but things get worse and inflation stay high.

Many people are complaining the rising price of the food and  other good in the markets.

The government says its move will likely reduce the inflation which held back the economy of Somaliland for the last couple of years.