Cash handout to boost economy
Cash handout to boost economy
V.K. Chin, The Star, Asia News Network, Kuala Lumpur
The 100 Ringgit to be given to the hardcore of all races for
the festive season will be another boost to consumer spending
that will further stimulate the economy. This good news was
announced recently by Prime Minister Datuk Seri Dr Mahathir
Mohamad, who is also the Finance Minister.
As about seven per cent of the nation's 23-million people will
be affected, it will mean that tens of million in cash will be
made available to the recipients to buy things during this
period. It is the first time that such a payment was made to
bring some cheer to the less fortunate members of society.
It is therefore another caring gesture by the government and
it is apparent that it will continue to give out money where
necessary so that even the underprivileged will be able to enjoy
the fruit of development.
Few will complain with this move and so long as the government
can afford it, those who are categorized as poor should continue
to receive the money to help them to celebrate the festive
occasions.
Quite often, it is not their fault that they find themselves
financially handicapped, as it is more likely that they are
victims of circumstances. They are usually from poor background
without having access to a proper education and hence have to
depend on menial work to look after their families.
It is also a sign of a caring government to take the plight of
such a group into consideration to ensure that they are left
alone to look after themselves. It is pointless if the government
should be rich while a sizable group remains poor and barely able
to make ends meet.
The per capita income and the nation's healthy reserves
therefore mean very little to them. Most of the time, they are
left out of the mainstream of development and without some
attention being paid to them they would be forgotten by society.
On its part, the government has been trying its best to
eradicate poverty, both rural and urban, and is setting aside
more allocations each year to help this unfortunate group. Apart
from giving them giving them money to help them buy the daily
necessities, assistance is also being extended to get them to be
able to stand on their own feet financially.
The money is to enable them to start a small business so that
they will be able to earn extra income and not to depend forever
on the government. This may be a time-consuming effort but it is
a very important mission to get them out of the poverty trap.
They have been deprived of many of the things that many
Malaysians have taken for granted including education. While
education may be free, they will still be unable to send their
children to school because they do not have the money to buy the
school uniform, shoes, books and other items for their children.
Therefore with the RM100 ang pow they will definitely have a
better festive season and one that they are likely to remember
for some time.
V.K. Chin, The Star, Asia News Network, Kuala Lumpur
The 100 Ringgit to be given to the hardcore of all races for
the festive season will be another boost to consumer spending
that will further stimulate the economy. This good news was
announced recently by Prime Minister Datuk Seri Dr Mahathir
Mohamad, who is also the Finance Minister.
As about seven per cent of the nation's 23-million people will
be affected, it will mean that tens of million in cash will be
made available to the recipients to buy things during this
period. It is the first time that such a payment was made to
bring some cheer to the less fortunate members of society.
It is therefore another caring gesture by the government and
it is apparent that it will continue to give out money where
necessary so that even the underprivileged will be able to enjoy
the fruit of development.
Few will complain with this move and so long as the government
can afford it, those who are categorized as poor should continue
to receive the money to help them to celebrate the festive
occasions.
Quite often, it is not their fault that they find themselves
financially handicapped, as it is more likely that they are
victims of circumstances. They are usually from poor background
without having access to a proper education and hence have to
depend on menial work to look after their families.
It is also a sign of a caring government to take the plight of
such a group into consideration to ensure that they are left
alone to look after themselves. It is pointless if the government
should be rich while a sizable group remains poor and barely able
to make ends meet.
The per capita income and the nation's healthy reserves
therefore mean very little to them. Most of the time, they are
left out of the mainstream of development and without some
attention being paid to them they would be forgotten by society.
On its part, the government has been trying its best to
eradicate poverty, both rural and urban, and is setting aside
more allocations each year to help this unfortunate group. Apart
from giving them giving them money to help them buy the daily
necessities, assistance is also being extended to get them to be
able to stand on their own feet financially.
The money is to enable them to start a small business so that
they will be able to earn extra income and not to depend forever
on the government. This may be a time-consuming effort but it is
a very important mission to get them out of the poverty trap.
They have been deprived of many of the things that many
Malaysians have taken for granted including education. While
education may be free, they will still be unable to send their
children to school because they do not have the money to buy the
school uniform, shoes, books and other items for their children.
Therefore with the RM100 ang pow they will definitely have a
better festive season and one that they are likely to remember
for some time.