Average living cost per day is not in actual fact an investment ratio to determine the income to be derived therefrom since expenses and costs incurred to gain income and revenue do not materialise at some point of times.
I try not to be too academic in this column because the more indepth the CPI baskets are analysed, the more we will notice that majority of us are not economists by profession but rather as political and/ ordinary labourers who are trained to be spoon-fed even though some are not bed-ridden.
My suggestion to improving the budget is that more efforts must be made at grassroot levels. There are people whether salaried or otherwise do not have sufficient money to make ends meet and this deficit happens on monthly basis. Some of them are holding high level posts in government sectors and GLCs too.
How much is the value attached to you?
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