Browsing: CBN Governor

Rising costs of living is one evil that must be tamed by all means possible because of its capacity to destroy quality living, and difficulty in keeping up with the basic necessities of life such as access to medicare, good nutrition, housing, clothing, transportation and utilities. In any country experiencing rising costs of living, even the middle- and high-income classes are not spared. Their incomes become barely sufficient to take care of their daily needs, they can no longer set aside part of their incomes to save or invest, and several indulgence like vacations become luxuries.