High costs of living persisted over last four years

Another big broken promise by both the ruling party and the majority party to the people that if elected they will bring down the costs of living. In the last four long years since they took office prices of basic commodities have skyrocketed through the roof. The representatives of the people did absolutely nothing apart from paying lip service to the cause.

The president is on record to have said that before Covid-19 three million US dollars entered the banking system daily. However, he failed to state how this inflow of foreign exchange benefited the ordinary Seychellois. Both, the ruling party (US) and the majority party (LDS) failed to push for the depreciation of the US dollar against the local currency. One would think that this could have been possible with the influx of forex in the local banks. It never happened, because the big money boys those earning forex and who are funding the political elites would have lost money.

And the other factor, which in our opinion is the most important element that contributes to keep the costs of living high was never addressed; corruption has doubled in the last four years under the US and the LDS. Time for change!