Cost of basic goods expected to increase in the 2013/2014 budget.

Cost of basic commodities like milk, bread, and sugar are expected to rise. The government will face severe budget constraints, as it seeks to implement devolution, and pay the high salaries of MPs amongst other new positions created in the new government structure. This is expected to hurt the common mwananchi much more, since they spend a huge chunk of their money on basic commodities, as compared to the well off where food accounts for a very minor proportion of their expenditure.

Posted in: Business News