Education Spending Not Alone in Falling Behind Inflation

So we learned today from the DPM. Expenditure on major pipe replacements for the past five years have been as follows: 2005/06: Rs225 million; 2006/07: Rs200 million; 2007/08: Rs160 million and 2008/09: Rs150 million; and Rs210 million in 2010. But Rs400 million have been spent in 2011.

The only two things that seemed to have kept up with rising prices are the crappy working paper industry and the attention given to crappy bean-counting indices.