Transcripts for BBCNEWS World Business Report 20210901 04:39

BBCNEWS World Business Report September 1, 2021 04:39:00

soaring inflation in the country, the government has declared an economic emergency. this gives power to authorties to stockpile staple foods like rice and sugar, set their prices, and maintain a steady supply. katie silver is following the story for us... it sounds sensible in theory. i wonder how it is going in practice. it wonder how it is going in practice-— wonder how it is going in ractice. , , practice. it has only 'ust come into effect * practice. it has only 'ust come into effect so _ practice. it has only 'ust come into effect so that _ practice. it has onlyjust come into effect so that remains - practice. it has onlyjust come into effect so that remains to | into effect so that remains to be seen. what we know about this is what has been dubbed the commissioner of essential services to try and act, he has the ability to collect staples, to set prices as well as to tackle any trade is accused of holding goods, and this is where we have seen just an inability to buy these good, so when it comes to potatoes and onions, kerosene, milk powder, huge queues, as well as big price increases, as well as for

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