Economists have backed the government move to alleviate public burden through the Bantuan Keluarga Malaysia
Bank Islam Malaysia Bhd chief economist Dr Afzanizam Abdul Rashid said the government was walking a tightrope while ensuring the people’s survival, despite the present economic challenges. “However, there could be some challenges on how the money is disbursed, especially to those who may not have access to a banking account. But this matter can be resolved with the financial institutions.”
He also suggested the government come up with effective policies, including target subsidies that can assist in the nation’s economic growth. Meanwhile, economist Manokaran Mottain said those without a bank account should liaise with non-governmental organisations to open one rather than blame the government for providing assistance via bank transactions.
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