LETTERS: The government’s announcement to ease the cost of living is a step in the right direction, but it falls short of adequately addressing the long-term struggles faced by many Malaysians, particularly those in the low-income bracket.
The RM100 one-off payment, fuel reduction, and additional public holiday do offer some relief, but does not tackle the root causes of persistent inflation.
Maintaining toll fee stability is a positive measure but it is temporary and doesn’t directly alleviate the burden on daily expenses.
To further mitigate the cost of living crisis without excessive strain on national finances, it is suggested that several supplementary measures be introduced.
Instead of blanket subsidies, the government could focus on direct aid to vulnerable groups.
This could involve expanding existing Bantuan Keluarga Malaysia (BKM) programmes or introducing new initiatives specifically designed to assist low-income families with essential expenses like food and utilities.
Careful targeting ensures maximum impact with minimal financial burden.
The government could implement stricter price controls on essential goods, particularly staple foods and frequently consumed items.
Regular market monitoring and collaboration with producers and retailers are crucial to ensure fair pricing.
Investing in initiatives to increase domestic food production and reduce reliance on imports is another measure.
This can include providing farmers with better access to resources, technology, and training, thus lowering food prices and enhancing food security.
The authorities could Improve and expand public transportation to reduce reliance on private vehicles, thereby indirectly lowering transportation costs reducing some inconveniences for commuters.
This could involve investing in more efficient and affordable bus and rail services.
Another strategy could be the Implementation of nationwide financial literacy programmes to educate citizens on budgeting, saving, and managing their finances effectively.
Empowering individuals with financial skills could be a long-term solution to navigate economic challenges.
These suggestions offer a balanced approach to addressing the cost of living issues.
They prioritise targeted assistance, efficient resource allocation, and long-term sustainable solutions.
If implemented, they would minimise the financial strain on the nation while maximising the positive impact on the lives of ordinary Malaysians.
The public have reacted to the Government’s announcement. The Government must listen to various constructive comments and take further steps to ease the plight of the rakyat.
TAN SRI LEE LAM THYE
Chairman
Alliance for a Safe Community
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