The Chamber of Commerce in Wau, Western Bahr el Ghazal State has held an emergency meeting hoping to address the high cost of living
This followed the increases in food commodities’ prices that affected many people in the area citing the high rate of US dollars against local currency.
Chairperson of the Chamber of Commerce Woll Charles Allew called the suppliers to explain why prices skyrocketed.
Woll says the inflation has nothing to do with the dollar rate since things are sold in the South Sudanese Pound.
Charles said that the Chamber of Commerce has coordinated and communicated with the capital, Juba, regarding prices, and they will discuss these issues with suppliers at the meeting, which is expected to take place on Monday.
According to the authorities, some suppliers expect an increase in the dollar and start increasing prices before the dollar rate increases.
Allew said that the Chamber of Commerce is facing challenges, but this week they will try to address the issue of prices.
He reassured citizens to be patient while the Chamber of Commerce is working to address the situation.
Mr. Charles appealed to the state and National government to intervene to address this issue for the sake of the citizens.
He said the Chamber of Commerce can price the markets, but the citizens will be harmed. That is why he appealed to the citizens not to lose hope from the Chamber of Commerce.
It is reported that over the past week, the country has witnessed an exaggerated rise in the prices of food and food supplies in the markets.