How will Budget 2018 lower living costs, ask middle-income Malaysians


Looi Sue-Chern Melati A. Jalil Diyana Ibrahim Jason Santos

A general view of Kuala Lumpur on Wednesday. Middle-class Malaysians are wondering how Budget 2018 will help reduce the cost of living. – The Malaysian Insight pic by Kamal Ariffin, October 27, 2017.

MIDDLE-class Malaysians are wondering how Budget 2018, with its incentives for rural folk, farmers, fishermen and civil servants, will translate into lower living costs.


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Comments


  • An outrageous 'pseudo-altruistic' cum election budget that gives a false sense of mitigating inflation and does absolutely zero to alleviate the burden of rising expenses with negligible trickle down effect. It appears designed for a certain future plough back when economic contingencies occur victimizing the middle class, the most vulnerable scapegoats exploited to underwrite Najib's scandal induced economic uncertainties. This 2018 Budget has many gimmicky elements that hides the regime's agenda that can be used to indirectly raise cheap coupons by duping/inducing young parents to finance the government schemes through mutual funds, designed as purpose driven but are actually baits incognito ; on the pretext of funding their child's educational needs.

    Posted 6 years ago by Arun Paul

  • It's marginal the effect on election. What is MRT paying ridership numbers? Can the debt be paid? If not ECRL, HSR are waiting disaster

    Posted 6 years ago by Bigjoe Lam