{"id":46055,"date":"2021-09-02T19:57:30","date_gmt":"2021-09-02T17:57:30","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/?p=46055"},"modified":"2021-09-02T19:20:42","modified_gmt":"2021-09-02T17:20:42","slug":"poor-urban-familys-monthly-budget-shoots-to-41-000","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/poor-urban-familys-monthly-budget-shoots-to-41-000","title":{"rendered":"Poor Urban Family\u2019s Monthly Budget Shoots To $41 000"},"content":{"rendered":"

Africa-Press<\/a> – Zimbabwe<\/a>. <\/strong><\/span>By Kenneth Matimaire<\/b> – A LOW-INCOME earning urban family of six now requires approximately $41 235.93 to sustain their monetary needs per month, according to the Consumer Council of Zimbabwe (CCZ).<\/p>\n

This translates to US$490 against the official exchange rate or a street value of US$317.<\/p>\n

The new family basket financial needs released on August 30 translates to a 4,84% increment from the approximate monthly financial requirement of $39 331.58 issued on August 23.<\/p>\n

According to the statistics, transport, rental, utility bills, clothing and health financial needs for a family of six \u2013 comprising of both parents and four children \u2013 stood at $23 160 by end of August from $21 560 a week before.<\/p>\n

The grocery needs also slightly increased to $16 799.96 by end of month from $16 498.65 a week before.<\/p>\n

Under soaps and detergents, the cost stood at $1 275.97 from $1 272.93 under the same period under review.<\/p>\n

However, the development came at a time when most civil servants are earning a paltry $17 000.<\/p>\n

Civil servants who spoke to NewZimbabwe.com indicated they are surviving on hand-to-mouth.<\/p>\n

\u201cI cannot plan anything with such a salary. My financial needs average US$400 per month but my salary is equivalent to US$130. I pay rent and buy a few groceries that can hardly get me to the next month,\u201d Dilan Zamba \u2013 a government employed teacher.<\/p>\n

\u201cI or any of my family members cannot afford to get sick at any given time because we can\u2019t afford healthcare let alone school fees for my kids. This is modern day slavery.\u201d<\/p>\n

War veterans last week besieged Finance Minister Mthuli Ncube\u2019s offices demanding an increase to their monthly pensions currently pegged at $16 000.<\/p>\n

However, some of the former freedom fighters were arrested, but later released without any charge.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. By Kenneth Matimaire – A LOW-INCOME earning urban family of six now requires approximately $41 235.93 to sustain their monetary needs per month, according to the Consumer Council of Zimbabwe (CCZ). This translates to US$490 against the official exchange rate or a street value of US$317. The new family basket financial needs […]<\/p>\n","protected":false},"author":84,"featured_media":46054,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,35,15],"tags":[1493,2189,19],"class_list":["post-46055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nPoor Urban Family\u2019s Monthly Budget Shoots To $41 000 - zimbabwe<\/title>\n<meta name=\"description\" content=\"By Kenneth Matimaire - A LOW-INCOME earning urban family of six now requires approximately $41 235.93 to sustain ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/poor-urban-familys-monthly-budget-shoots-to-41-000\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poor Urban Family\u2019s Monthly Budget Shoots To $41 000\" \/>\n<meta property=\"og:description\" content=\"By Kenneth Matimaire - 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