Burdening the Rakyat
Malaysia suffers a lame economy and poor economic prospects. The UMNO/BN administration has failed to reinvigorate the economy. This has disadvantaged the rakyat considerably. Stagnant nominal salaries have crippled the rakyat’s purchasing power – many find it difficult to deal with the rising cost of living.
2.6% is the average increase in salary of Malaysians between 2000 – 2010, compared to a worldwide average of 3.2% (including all poor countries).
4% is the decrease in purchasing power, comparing the ratios of change in salaries and inflation between 1990 and 2009.
40% is the percentage of Malaysian households earning less than the average income of RM 1,500 a month (the lowest income group).
3 out of 4 families in the lowest income group category is Malay/Bumiputra.
34% of Malaysian workers (about 4 million people) are paid less than RM700 a month, which is below the poverty line.
62% of the RM39 billion paid in subsidies and compensation each year are given to corporations (IPPs, highway concessions etc), and not to the rakyat.
RM4 billion allocated for food subsidies (sugar, wheat, rice), which UMNO/BN is trying to revoke. RM19 billion worth of gas subsidies are given to independent power producers and RM4 billion is given to highway concessionaires each year.
RM19 billion worth of gas subsidies are given to independent power producers each year, compared to RM 11 billion worth of petrol subsides for the rakyat – now at risk of being revoked for the rakyat, but not for the corporations. Rakyat to suffer, while these corporations will continue to enjoy special big profits.
RM466 billion worth of personal debt owed by Malaysian households to banks, the worst in Asia.
53 is the number of years that Malaysia has had single-party rule, under UMNO/BN administrations.
Tag: Buku Jingga, Pakatan Rakyat Malaysia, Orange Book, Pakatan Rakyat Manifesto, Putrajaya for Pakatan Rakyat and Malaysian People, Pakatan Rakyat Orange Book, Democratic Action Party (DAP), Parti Islam Semalaysia (PAS), Parti Keadilan Rakyat (KEADILAN)
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