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Households in West spend small income investment

HOUSEHOLDS in the Western Province spend a very small proportion of their income in investments and more in consumption.

According to the Western Provincial government 3-year development plan 2017-2019 the investment spending which includes purchasing of land, constructing or upgrading house, or buying facilities or equipment for personal business is only 1.8 percent of the income earned.

This is expressively very low compared to other provinces consumptions spending such as food and beverages, housing, transportation, alcoholic beverages and communication which are at 93.1 percent.

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