More cash transfers to help the needy
09 Feb 2021 / 19:30 H.
DURING this difficult time, people are doing their best to make ends meet while trying to save for a rainy day.
Unfortunately, the current economic environment, which is influenced by supply and demand, such as rising food prices, is not helping to ease their burden.
One way to go about this in the near term is for government to provide additional cash assistance.
A survey conducted by the Malaysian Institute of Economic Research (MIER) in the fourth quarter of last year (4Q’20) and reported in a daily, shows that around 65% of respondents expressed their worries over expectations of inflationary pressures, especially among rural folk.