Who will benefit the most from Budget 2018


Sheridan Mahavera

The pain of higher food and service prices is most acutely felt by the bottom 40% of Malaysians, hence Budget 2018, which will be announced on October 27, must address their needs, say economists. – The Malaysian Insight file pic, October 16, 2017.

FARMERS, fishermen, factory workers and low-ranking civil servants are among the folk who will get the most attention in Budget 2018 – the last before the next general election.

Since surveys have shown that economic issues, such as high living costs and stagnant wages, are the top worry among voters, Budget 2018, which will be announced on October 27, is going to be geared towards solving those problems, economists told The Malaysian Insight.


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Comments


  • For the past 9 years, the budget fails to help all the rakyat. Only the 1.7million BR1M reciepeint are kept happy. The remaining Rakyat are promise more hard and darker life after this budget presentation. All those involved in this budget doesnt have any idea whats actually happening on the ground. Life in Malaysia looks bleak.

    Posted 3 years ago by Jimmy Jimmy

  • Our experiment with a "managed" (since 1970) capitalism is an expensive failure. We must turn to a truly free market economy. Even Communist China's economy is freer than us and is wildly successful after only less than forty years. Carrying on with the same model will lead us to ruin.

    Posted 3 years ago by Malaysian First