Bajet 2014: Steps To Address The Rising Cost Of Living

By Wednesday October 23rd, 2013 No Comments

I realize that cost of living remains to be a very important issue, as it directly involves all of our lives. As a matter of fact, suggestions related to cost of living were the most received on the #Bajet2014 micro site recently, and all of them have been conveyed to the Ministry of Finance for further consideration.

The government is always aware of the peoples’ plight. Various initiatives have been put in place under the Government Transformation Programme and Economic Transformation Programme to address the issue of rising cost of living amidst the global economic uncertainty.

Among the initiatives welcomed by the people to date is the opening of 99 Kedai Rakyat 1Malaysia (KR1M) at strategic locations across the country. We are planning to increase the number of KR1M, so that more people could enjoy purchasing daily goods at affordable prices. The Menu Rakyat 1Malaysia (MR1M) programme was also well received. It is clear that many Malaysians are happy with the initiative to assist them to enjoy quality, affordable food.

Bajet 2014: Langkah-Langkah Menangani Peningkatan Kos Sara Hidup

Meanwhile, the introduction of Klinik 1Malaysia is one of the government’s efforts to provide quality healthcare at an affordable price. So far, a total of 238 Klinik 1Malaysia are in full operation all over the country, whereby 22 of these clinics are equipped with doctors.

This initiative has so far benefited more than 9 million Malaysians. The government is also planning to open up more clinics, especially in high-density locations, in tandem with Barisan Nasional’s Manifesto in the 13th General Elections.

Bajet 2014: Langkah-Langkah Menangani Peningkatan Kos Sara Hidup

Apart from healthcare, we need to emphasize on IT development so that we could nurture a competitive and IT savvy society. For this reason, RM150 million has been allocated to build 100 Pusat Internet 1Malaysia in major towns across the country. Apart from this, the government is currently working on lowering broadband fees up to 20%, in tandem with the promise made in the GE13 Manifesto.

Bajet 2014: Langkah-Langkah Menangani Peningkatan Kos Sara Hidup

Addressing the rising cost of living has always been the main agenda for the BN government. To ease the burden of working parents, Pusat Jagaan 1Malaysia have been opened in government and government linked companies. We hope that the private sector will emulate this step in the future.

Bajet 2014: Langkah-Langkah Menangani Peningkatan Kos Sara Hidup

Just as promised in the BN Manifesto, the government will begin to reduce the price of cars by 20% to 30% in stages. The government is targeting to reduce household debt through this planned and gradual reduction of car prices.

Bajet 2014: Langkah-Langkah Menangani Peningkatan Kos Sara Hidup

Efforts to reduce the burden of the people are not limited to the measures mentioned above. More steps will be introduced or improved, in order to safeguard the lives of the people. Please follow the #Bajet2014 presentation to know more about the new measures to be implemented.

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