What are the measures that a country can take to reduce the level of inflation

[Hate2Wait]

Inflation is best reduced by reducing the amount of money in circulation, which will best be done by the government. In Nigeria, the government has introduced new notes and reduced the withdrawal limit to about $25 for individuals each day.
Hopefully it will be helpful.

Governments take the help of the central bank of the country too to increase the interest on savings so people save and deposit more and also increase the lending interest so that the loan becomes expensive

 

[Bisolami]

Yes this is not a joke.
Egypt when opening international transfer the price of egyptian pound is tripled.
Some countries restrict international bank wire transferts for normal citizen to to avoid inflation.

This is good to know about Egypt
I will check more to know about it. Thank you

 

[Enxx]

Also when they subsidy farmer's tools

 

[jetsaints30]

One method is for governments to focus on fiscal policy, such as by decreasing public spending or raising taxes. In addition, printing more money and increasing national lending should be done carefully and with caution since too much can increase economic activity and lead to higher prices.

 

[Hate2Wait]

One method is for governments to focus on fiscal policy, such as by decreasing public spending or raising taxes. In addition, printing more money and increasing national lending should be done carefully and with caution since too much can increase economic activity and lead to higher prices.

You said it perfectly and I am referring to this too as these measures are controlled and used by Government.

 

[saoussen5765]

One method is for governments to focus on fiscal policy, such as by decreasing public spending or raising taxes. In addition, printing more money and increasing national lending should be done carefully and with caution since too much can increase economic activity and lead to higher prices.

Tax aren't going for some governement in right way they just spend on food of the people that are in governement and buy expensive food and last interest is economy of country.

 

[Hate2Wait]

The government also stop or reduce the Public welfare works like roads etc during this time to reduce inflation

 

[flower]

The only thing that will reduce the level of inflation is increasing the interest rate..

 

[Magnus2022]

The best way to reduce inflation is to stop corruption and embezzlement of public fund. In Nigeria, corruption stinks to heavens. If Nigerian politicians can vomit their loots, we can import anything without feeling the impact

 

[hastral45]

Our government are not doing anything or steps in reducing inflation. After all, they are benefiting from the inflation. They are promoting factors that are responsible for growth of inflation.

 

[Niyi Briggs]

I would increase the value of my country's currency by encouraging local production of goods and services. The pressure on the country's currency would reduce. Then, the inflation would come down.

 

[Reedex]

The level of inflation are controlled with the adjustment of the interest rate.

 

[Shavkat]

The inflation is due to the country's economy's status. We cannot control the inflation or deflation. The only thing we can do is to cope up with the random changes in the economy.