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Price movements likely to be affected by inflation landscape

Factors such as the upcoming rise in power tariffs and salaries are expected to pressurise the government’s efforts in bringing inflation under control this year.

Limited supply poses a risk of electricity shortages

Limited supplies, a rise in demand, and exorbitant electricity purchase expenses could potentially result in electricity scarcity in 2024.

Electricity plans take shape for 2024

The government is being urged to improve the supply of electricity for production and business activities, with warnings that power shortages could continue undermining the economy’s efforts to garner new funding from abroad.

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