Big drop in social assistance programmes

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The amount spent by the government for such programmes have dropped by about RM20bil between 2012 and 2020.

Of great help: Social security institutions, such as Socso and the Employees Provident Fund, have demonstrated great agility and speed in providing relief during the current crisis.

In its latest report on “Building Resilience: Towards Inclusive Social Protection in Malaysia”, KRI called for urgent and gradual reforms to be undertaken. The report showed that the number of federal social assistance and subsidy programmes have increased to 137 by 2020 from 95 in 2012, not accounting the various new ad-hoc schemes to combat Covid-19 effects.

“Social security institutions, such as Socso and the Employees Provident Fund, have demonstrated great agility and speed in providing relief during the current crisis.

 

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