economic researcher Diaa Abdel Karim warned on Wednesday that growing costs, specially of customer goods and food, will weaken citizens’ purchasing energy in the absence of authentic income reforms.
Abdul Karim informed dinaropinions.com, “After elevating the dollar exchange fee in recent years, the authorities has now not provided realistic solutions to deal with the declining cost of salaries and wages inside the public and personal sectors.”
He added, “The failure to study the income scale or boom wages, coupled with the decline in the fee of the dinar in opposition to the dollar, has decreased citizens’ buying power, both for goods and food.”
He pointed out that “the low salaries that cowl each day desires are because of several elements, most substantially the value of buying power, the excessive costs of meals and drinking water, similarly to the exorbitant wages of doctors and medicines,” stressing that “the government is capable of placing controls to lessen these costs in a way that eases the load on citizens.”
