Guyanese Online

Apr 22, 2022 – Kaieteur News   

Inflation – Rising Prices

Stemming from the global pandemic and more recently, the Russia/Ukraine war, the cost of living has had a huge impact on local citizens, so much so that union leaders and other concerned society members have been urging the administration to do more in cushioning the effects of this fall out.

Supporting the view that citizens have been hard hit by these constraints is the recently concluded International Republican Institute (IRI) survey which reported that women and rural communities are amongst those most concerned about the effects of the ongoing issue. The cost of living and the country’s economic situation, the report said, was the biggest concern when citizens were asked about the important problems facing the country.

The report said that of the 1500 survey participants, 26 percent of them generally saw the cost of living as a serious problem.           Continue reading →