Malaysia

[UPDATED] Out with the old: Anwar slams poor measures in tackling inflation

Opposition leader questions what is being done to tackle rising poverty in country

Updated 3 years ago · Published on 03 Oct 2022 12:07PM

[UPDATED] Out with the old: Anwar slams poor measures in tackling inflation
Datuk Seri Anwar Ibrahim (Port Dickson – PH) says given the current economic crisis, the government’s old approaches, such as conducting Jualan Keluarga Malaysia programmes and subsidising packet cooking oil, are not feasible. – Bernama pic, October 3, 2022

by Rebecca Chong

KUALA LUMPUR – The current government programmes to manage inflation and rising goods prices are not helping the people, said opposition leader Datuk Seri Anwar Ibrahim (Port Dickson–PH).  

He said given the current economic crisis, the government’s old approaches, such as conducting Jualan Keluarga Malaysia programmes and subsidising packet cooking oil, are not feasible.  

“The problem we have now is more complicated. We have a rising poverty level not only in the rural areas in Sabah and Sarawak, but the urban poor has also increased tremendously. 

“This is the people’s problem now…what is the government doing to effectively address this problem?”

This came as Anwar was dissatisfied with the answer given by Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed (Jeli-PN) on the latest statistics of B40, M40 and T20.

Mustapa said the government has been conducting programmes to help ease the people’s financial burden, including one that involves giving out cards to purchase discounted food items.  

He added that the government will improve its delivery system, and has been doing its best to narrow the gap between urban and rural areas, and between income groups.  

Earlier, Mustapa said the inflation rate in Malaysia had increased from 4.4% (July) to 4.7% in August. – The Vibes, October 3, 2022

Related News

Business / 3w

BMI sees BNM holding OPR at 2.75% in July, amid contained inflation

Community / 1mth

Penang: Taman Manggis residents appeal to state for compromise

Opinion / 2mth

A civilizational moment for Malaysia: From Al-Attas to Osman Bakar

Malaysia / 3mth

PM term limit: 'It starts with me' - Anwar

Malaysia / 3mth

Dewan Rakyat passes International Mediation Bill

Business / 3mth

Malaysia’s economy - Five realities frequently overlooked

Spotlight

Malaysia

Former head of a ministry's corporate communications unit acquitted of bribery charge

Malaysia

Two sisters die trapped in Johor house fire as escape routes cut off by flames

Malaysia

NS election speculation intensifies as Aminuddin granted audience with state ruler

Malaysia

Teenager who drove recklessly, causing death remanded for further investigation

Malaysia

Police looking for trio involved in violent armed robbery in Penang (video)

Malaysia

Family of five killed as car crashes into water pipe in Serian

Malaysia

'I was once spat on by a pakcik' — Marina denies fear of contesting Malay-majority seats

Malaysia

Jewellery shop among six premises destroyed in fire (video)

You may be interested

Malaysia

Shift in Bumi economy needed to drive ownership, AI innovation and industrial leadership

Malaysia

Bersama to join the battle in Johor state election

Malaysia

Two killed in three-vehicle crash involving cars and bus in Baling

Malaysia

Woman killed, seven injured after four-wheel drive plunges into ravine in Keningau

Malaysia

Pamela Ling’s disappearance, Durian Tunggal shooting, corporate mafia; MP demands answers

By Ian McIntyre

Malaysia

Schoolteacher denies multiple counts of physical, digital sexual assault against 2 teens

Malaysia

Pahang police logistics chief killed in motorcycle crash on Genting road

Malaysia

Toh Puan Na'imah’s legal team cautions against ‘dangerous’ application of SOSMA