To add to the growing poverty and general hopelessness in Malawi the poor are again under intense pressure as the government increase the price of the country's staple maize by 127%.
A 50 kilogram bag has increased in price from K5,500 to K12,500.
The impact on inflation and the economy is expected to be far reaching, with the hardest hit likely to be those already in extreme poverty who will simply be unable to pay the increased price.
Prayer and action is required.
http://mwnation.com/apm-orders-127-maize-price-hike/
http://www.nyasatimes.com/maize-prices-127-admarc-depots-opens-monday/
A 50 kilogram bag has increased in price from K5,500 to K12,500.
The impact on inflation and the economy is expected to be far reaching, with the hardest hit likely to be those already in extreme poverty who will simply be unable to pay the increased price.
Prayer and action is required.
http://mwnation.com/apm-orders-127-maize-price-hike/
http://www.nyasatimes.com/maize-prices-127-admarc-depots-opens-monday/
