Professor Dr Mohd Nazari Ismail of Universiti Malaya’s Faculty of Business and Accountancy said while the government’s initiative in helping the poor should be lauded, this would not fix the cost of living problem.“The amount is already too high at around RM30 billion a year, much more than the total amount of the Sales and Services Tax .
All disabled persons, aged 18 and above, with an income of less than RM2,000 per month will receive RM300, and qualify for the free MySalam Takaful scheme. He said continuing with such a programme would only lead to an increase in the poverty rate, school dropout problem and unemployment.“Firstly, we should look at how to improve the quality of life of those who are older and vulnerable.
BR1M was introduced in 2012, providing a payment of RM500 to households earning less than RM3,000 per month. “So what’s important is for the government to provide good services to the people in terms of healthcare, education and public transport.”
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