By Chernor Alimamy Kamara
A letter addressed to President Julius Maada Bio from the Renaissance Movement has urged the president to implement measures to stabilize the cost of living, particularly considering exchange rate fluctuations.
Dated 20th February 2024, the letter indicated that high cost of living remains pivotal and one of the many factors responsible for the high inflation rate of 52%, limited growth in the private sector,high unemployment rate, and low wages .