MalayMail-Sept 28

The government should relook at the feasibility of actually achieving its target to raise the average household income to RM10,000 by 2025, as stated within the 12th Malaysian Plan (12MP), Opposition Leader Datuk Seri Anwar Ibrahim said in Parliament today. When debating the 12MP that was tabled by Prime Minister Datuk Seri Ismail Sabri Yaakob yesterday, Anwar said the targeted figure may lift the mood for some, but he wanted to know if it was realistic considering the current global Covid-19 economic scenario. Anwar, a former finance minister, suggested that that the projection could be skewed and result in inaccuracy if the average figure was obtained by including billionaires and the hardcore poor as part of the test group. Anwar voiced further skepticism on the government projection, pointing to a recent statement from the Employees Provident Fund showing 46 per cent of its contributors above the age of 55 have savings of less than RM10,000. Read more at: https://www.malaymail.com/news/malaysia/2021/09/28/raising-average-household-income-to-rm10000-by-2025-anwar-asks-govt-to-give/2009016