Middle class want Budget 2020 to ease their burden
Many find themselves in need of assistance even though they don't qualify for cash aid.
Sheridan is a journalist with The Malaysian Insight.
E-mail: sheridan@themalaysianinsight.com
Many find themselves in need of assistance even though they don't qualify for cash aid.
Most families don't want more cash aid, but for govt to either intervene in the market or reduce fuel prices.
Economists say Shared Prosperity Vision 2030's goals ambitious, achievable if govt willing to push through tough reforms.
Instead of real estate and equity, SPV2030 targets industries and manufacturing as drivers of growth.
Putrajaya says Bumiputera lags behind in most private sector professions.
That the current plann is flawed is evident in the growth of unskilled, semi-skilled jobs and poor distribution of wealth, they say.
B40 Malaysians feel left out as wages not keeping up with high cost of living, including pricey healthcare, housing and food.
Bulk of complaints from buyers in the housing and property sector, says the National Consumer Complaints Centre.
Prof Edmund Terence Gomez says they are where most of the wastage occurs as they have been turned into political rewards.
Enough Malay entrepreneurs who can compete in globalised world, says don, urging Pakatan Harapan not to repeat BN’s past mistakes.
Budget 2020 likely to be expansionary, focus should be on helping smaller businesses catapult into big league.
Failure due to race-based conditions, and PM-to-be must take heed of this, says economist.