Monday, 1 April 2013

Rise in household income tied to govt transformation programmes

The current average monthly household income of Malaysians at about RM5,000 compared to RM4,025 in 2009, is among the initial outcomes of the Government Transformation Programme (GTP) and the Economic Transformation Programme (ETP).

Political analysts said the GTP and ETP were not just mere slogans because the implementation report data had proven the programmes' success in raising the household income of Malaysians.

According to the 2012 GTP and ETP achievement report, the two initiatives have started to show significant improvements in the well-being of the people.

Universiti Malaysia Sarawak (Unimas) Social Science Faculty senior lecturer Dr Jeniri Amir said the Government's move in enhancing the GTP and ETP programmes was a timely step for the country towards achieving developed nation and high-income status.

“Compared to five years ago, the increase is very significant, whereby civil servants' salaries have been raised and we also have a minimum salary for the private sector,” he said.

Dr Jeniri said Malaysia recorded a growth rate of 5.6% despite uncertainties in the global economy.

Strong economic growth continues to generate job opportunities and drive various economic activities, he added.

Dr P. Sundramoorthy, Assoc Prof of Criminology of Universiti Sains Malaysia's School of Social Sciences, said all initiatives were timely and relevant to ease the burden of the rising cost of living.

Source : CLICK


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