President of the Micro, Small and Medium Sized Enterprise, MSME Alliance Donovan Wignall says the government should be held accountable for the current slide of the Jamaican dollar.
Wignall, says the government should be doing more to address the issues facing the economy.
On Monday, Wignall said suppliers will not drop food prices, amid complaints from consumers about a sharp increase in the cost of some items.
However, he says the real solution to the problem should come from decisions being made by the government to control the dollar.
Wignall explained that although inflation does not just impact Jamaica, international monetary trends should be used as a bench mark, for the direction Jamaica’s economy is heading.
Donovan Wignall, MSME Alliance President.
Meanwhile, a number of consumers have started to cut back on the volume of food items they purchase on a monthly basis, amid an increase in prices.
The cost of frequently used food items including bread, rice and flour, have all seen sharp increases.
One man told our news centre that he has found a way to adapt to the situation.
The Kingston born man says for him, it comes down the best value he can get for his dollar.
A Kingston shopper.
Another consumer explained that he has resorted to cutting back on some items he considers luxury food.
Portmore resident.
And a woman says it is difficult to adapt to the increase in food prices, because of salary constraints.
A St. Thomas resident.
