Price Caps

In town this evening a small crowd had gathered around the notice wall. Often we can see posters, information and job advertisements from the local government offices posted up here. The crowd was much more interested than usual and it turns out they were looking at the new list of price caps imposed by the central government on a list of essential commodities.

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The aim is to control rising prices, especially if government wages are to double later this month. A man in the crowd told us that this region now has the same price controls as the capital Addis Ababa. We have noticed prices going up in recent weeks and it will be interesting to see if the price controls have the desired effect.

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