Middle-income households slip into lower-income category

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Photo: Bassam Khawaja 2019/srpoverty.org

According to the PM, more Malaysians are slipping into poverty because of the pandemic.

BFM looks into what this means by first understanding the statistics and what needs to be done. Then, it expands on reports that suggest women are returning to abusive partners because of financial pressures. Finally, it asks, do we need to be worried about structural unemployment?

Sharing their views are Dr Shankaran Nambiar, head of research at the Malaysian Institute of Economic Research; Charlene Murray, service director at the Women’s Aid Organisation; and Dr Carmelo Ferlito, CEO of the Center for Market Education.

Produced by: Adeline Choong, Loo Juosie, Azlyna Mohd Noor and Alia Zefri
Presented by: Lee Chwi Lynn and Sharmilla Ganesan

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Hakimi Abdul Jabar
30 Sep 2021 11.20am

When you take someone’s property and give it to others, it is called THEFT.

In many advanced economies, the theft of properties imply that such nation has No Rule of Law.

It implies the lazy thieves and lazy beneficiaries will always profit at the expense of legitimate hardworking citizens.

Stealing from the Chinese is THEFT.

Stealing from Non-Bumiputera Citizens of Malaysia is THEFT.

I … HATE THIEVES!

Hakimi Abdul Jabar
30 Sep 2021 11.13am

They are CROOKS being the CRIMINALS, being in Public Office & supported by their fellow Kleptocrats in all manifestations, that they ARE who tried or are trying to Multiply Wealth by Dividing What Wealth is Little Left in Malaysia!

When you force the Rakyat to bear the costs & burden of raising US$20B, these Criminals carve US$19.9B for themselves & only spread US$100M to the already forsaken Rakyat, it does not multiply wealth. It makes the dumb-witted & half-witted momentarily happy & dulled & lulled into very short-term euphoria, without realizing that their burden of national debt has increased, courtesy of the Common Criminals who have been pilfering the Nation’s coffers!