PUTRAJAYA, Oct 20 (Bernama) — The Basic Expenditure of Decent Living (PAKW) should be utilised as an important reference in assessing the adequacy of household income and designing more targeted economic interventions, particularly to address differences in the cost of living according to location and family composition. Economy Minister Akmal Nasrullah Mohd Nasir said PAKW estimates the expenses required by households to achieve a decent standard of living, taking into account location as well as the size and composition of the household. “It is not a minimum wage rate, and cannot be used as a uniform wage rate for all […]