ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
No Result
View All Result
Home News

Benin: Government Reassures Citizens Measures Will Be Taken To Quell Inflation

“We are confident, as it has begun to be felt on the corn, that the action of the government will further produce effects”

in News
Reading Time: 2 mins read
0 0
0
Wilfried Léandre Houngbédji
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

By Metohuey Michael Adoglo

 

Benin Republic’s Government spokesman, Wilfried Léandre Houngbédji has reassured Beninese that measures have been taken to quell Inflation in the country, adding the government has not remained deaf to the cries of workers in the face of rising prices for consumer goods.

Wilfried Léandre Houngbédji said; “We are confident, as it has begun to be felt on the corn, that the action of the government will further produce effects”

READ MORE: Benin: President Patrice Talon Admits To Feeling Great Pride

More

Somalia: the female revolution building cities

New AfDB index reveals reform potential in the delivery of basic services in Africa

Kenya modernizes its power grid to integrate renewable energy and improve quality of life

According to the spokesman, the government has taken a number of measures to contain prices, and continues to take action, despite the fact that the recent outbreaks are global in scope. He noted that between 2016 and 2020, the prices of consumer products, especially cereals, have remained almost unchanged on the markets, thanks to the effects induced by the government’s agricultural policy.

Benin Govt Spokesman

A policy that consists of ensuring that Beninese agriculture is more efficient, produces more and that food products are available on the market.

READ MORE: Madrid: Equatorial Guinean Author building a Europe-Africa bridge with his Books

“Since 2018, for example, we are the 2nd largest producer of food crops in WAEMU, behind a country with a long agricultural tradition. This government policy has made products available, so much so that prices have remained almost at the same level,” said Wilfried Léandre Houngbédji, who maintains that a government that deploys such a strategy, can not overnight, reverse its policy and cause by itself a surge in prices.

“Everyone knows that this situation that leads to the surge in the market is a global trend. However, although it does not depend on its will, the government has been proactive on the issue,” said the government spokesman.

According to him, if the state can do little to address the exogenous shocks that cause this increase in food prices globally, measures are taken to curb the exit of consumer products from the national territory, including cereals.

Inflation graph

READ MORE: Shaping the Next Decade: Meet Moetaz Helmy, Board Chair, Afrilabs

In addition to the policy of restricting the export of consumer goods, the government has introduced an export tax on these products.

The government spokesman is convinced that this range of measures has a positive impact on the cost of products on the market. It should be noted that the trade union centers and confederations had taken the floor to denounce the galloping inflation and invite the government to take urgent measures to curb the crisis, but also define mechanisms for long-term management.

According to Wilfried Léandre Houngbédji, everything is in place, and it is only a matter of time before the freeze is lifted on consumer goods.

 

 

The views and opinions expressed in this article are those of the author’s and do not necessarily reflect those of Africanian News.

africanian.news

africanian.news

  • Trending
  • Comments
  • Latest
Weather in Morocco: Climate, Seasons and Average Temperature

Weather in Morocco: Climate, Seasons and Average Temperature

August 25, 2020
Equatorial Guinea: Dreams Hub Among the Selected by OIF to Drive Green Innovation in the Congo Basin

Equatorial Guinea: Dreams Hub Among the Selected by OIF to Drive Green Innovation in the Congo Basin

June 9, 2025
Top 10 Richest Cities in Africa

Top 10 Richest Cities in Africa

April 6, 2023
Somalia: the female revolution building cities

Somalia: the female revolution building cities

June 14, 2025
India leads a technical response following the Boeing 787 crash

India leads a technical response following the Boeing 787 crash

June 13, 2025
Niger to grow over 6% in 2025, driven by oil boom

Niger to grow over 6% in 2025, driven by oil boom

June 13, 2025
Twitter Instagram Youtube Facebook
No Result
View All Result

Africanian News

Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future. If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to [email protected]

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to [email protected]. You can also subscribe to our mailing list to receive the latest updates from Africanian News.

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

© 2024 Africanian News: From Africa, by Africans, for Africa, and friends of Africa.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.