Wednesday, March 03, 2010

Little Optimism

8.4 million people skip meals daily to cope with the biting economic hardships in the country, according to findings of a new survey.

The Social, Political and Economic Barometer (SPEC) indicates that 17.2 million people have also drastically reduced expenditure on essential households items in response to spiralling prices of basic commodities.

A whopping 19.6 million people feel their respective families' economic situations had worsened.

Some 1.6 million people resorted to borrowing from commercial bank .

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