JIGJIGA (SD) – Ethiopia’s Somali regional state has been hit hard by high inflation that is affecting people’s lives as well as business in the Somali region.

Somali traders, who spoke to the media, said the main reason for the inflation was the lack of control by traders and the government, as well as the unstable foreign exchange.

Traders complain about uncertain foreign exchange rate, determining cost and making pricing very difficult.

The government has said it is working ways to tackle the problem of inflation, as the Deputy Minister of Commerce of the Somali Regional State Ms. Abdiaziz told the media.

The Deputy Minister of Commerce of the Somali Regional State added that they are cooperating with Somaliland in this regard.

Inflation in the Somali region of Ethiopia has reached an all-time high, with people finding it difficult to shop in the market today, and money becoming devalued.