man unapoongelea inflation ni suala pana sana na limejikita sana sana katika mzunguko wa maisha ya kibinadamu. example in tanzania republic, according to BOT in 2005 inflation rate was 5% but now is 19% sijui hayo mahesabu wameyafanyaje au ndo uchumi unapaa kama ndege. angalia hali halisi especially in the basic needs (food,clothes and shelter) from 2005 t0 2012 mchele per kg was 800 tsh but now is 2400tsh per kg so inflation there is almost 200%. sugar was 700 per kg now is 2500 to 2750 per kg so inflation there is also like 200%.
unapoongelea bidhaa adimu usitegemee ata siku moja kikashuka bei sababu ishakuwa ni bidhaa adimu vilevile usisahau na hizi consumer goods amabazo ndo basics za maisha ya kila mwanadamu katika dunia hii, hizo ndo zipo ghali sana hata kama zinapatikana kwa wingi, kumbuka kila sehemu kuna bidhaa adimu zinatofautiana kulingana na mahitaji.
causes of inflation
1 monetary policy
eg - exchange rate,per capta income,foreign currency reserve,import and export etc.
2 fiscal policy
In Tanzania, inflation may be linked to the value of the national currency, as well as increased cost of living expenses (food, shelter, heat, light, etc.). In most countries, inflation occurs when food prices soar; this is certainly true in the African nation of Tanzania, where food prices have risen to all-time highs.
Inflation in Tanzania presents particular problems for the citizens of that country, since Tanzania is a third-world nation with very high poverty levels. Higher food prices present terrible challenges to ordinary citizens, who often earn a fraction of what people in the Western world would receive for similar work.
Also, there are few social programs in Tanzania to help those who can`t afford to buy goods and services due to inflation; if they lived in America or Canada, they would likely be eligible for welfare, food stamps, social housing or other services designed to assist society`s poorest citizens. However, in Africa, this sort of support safety net (or infrastructure) is not yet in place.
Hope For Tanzania
International relief agencies offer hope to Tanzania, despite the country`s unprecedented inflation levels. These agencies operate in many African nations, offering food, shelter, education, medical care and advice to poor Africans. Philanthropic societies and organization may be secular, or they may have religious affiliations. Whether relief workers are religious or not isn't really very important - the services they deliver to the needy are always appreciates; regardless of religious denomination.
There are no signs of deflation in Tanzania`s current economy; how high the cost of living will rise is still subject to debate. For citizens of Tanzania, inflation represents undue pressure to come up with money for the basic necessities of life. Hopefully, in time, government officials can work with economists to search for long-term solutions that make life easier for Tanzanians.
tunaendelea tena//changanua kidogo apo.:A S 465: