fbpx
Connect with us

News

“Malaysia Has the Lowest Poverty Rate in Southeast Asia,” Says Minister

Published

&Quot;Malaysia Has The Lowest Poverty Rate In Southeast Asia,&Quot; Says Minister - World Of Buzz 2
Source: The Rakyat Post

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

These are some interesting statistics!

Communications and Multimedia Minister, Datuk Seri Salleh Said Keruak recently stated that Malaysia has reportedly emerged as the country with the lowest poverty rate in comparison to other Southeast Asian countries.

Referring to the Central Intelligence Agency (CIA) World Factbook 2017, it was reported that 3.8 per cent of Malaysia’s population falls below the poverty line.

Meanwhile, Vietnam and Indonesia were at 11.3 per cent, Thailand at 12.6 per cent, the Philippines at 25.2 per cent, and Myanmar at 32.7 per cent, making Malaysia with the lowest percentage of people in poverty, according to the Malay Mail Online.

&Quot;Malaysia Has The Lowest Poverty Rate In Southeast Asia,&Quot; Says Minister - World Of Buzz

Source: ecomatt

An excerpt from his blog post addressing Malaysia’s economic growth in 2017 reads,

“Samuel P. Huntington states in his book, ‘Political Order in Changing Societies’, that one way we can assess a country’s political development is to look at its economic growth. The measurement index he uses is per capita income and poverty rates.”

“What about our country? One thing for certain is that our achievements differ from perceptions of those who think we are falling behind. This is because existing data shows that we have achieved a good level of economic growth compared to neighbouring countries.”

“If compared to other countries with a high poverty line like Syria (82.5 per cent), Madagascar (75.3 per cent) and Zimbabwe (72.3 per cent), I feel grateful over Malaysia’s success in ensuring the well-being of the people.”

&Quot;Malaysia Has The Lowest Poverty Rate In Southeast Asia,&Quot; Says Minister - World Of Buzz 1

Source: mmo

On top of us supposedly being the country with the lowest poverty rate in Southeast Asia, our per capita Gross Domestic Product (USD$27,200; approx. RM111,000) is reportedly much better than that of Thailand (USD$16,800; approx. RM68,577), Indonesia (USD$11,700; approx. RM47,759), the Philippines (USD$7,700; approx. RM31,431), Vietnam (USD$6,400; approx. RM26,124), Myanmar (USD$6,000; approx. RM24,492), and Laos (USD$5,700; approx. RM23,267).

“With the government’s efforts to help make us a high-income nation, I am confident that 2018 promises better lives for Malaysians.”

If you want to see Malaysia’s full profile in this year’s CIA World Factbook for yourself, check it out here.

What do you think of the Datuk Seri Salleh Said’s statement? Let us know in the comments below!

 

Also read: Perkasa Says 95% Poverty Cases in Malaysia Involve Bumiputeras

Perkasa Says 95% Poverty Cases In Malaysia Involves Bumiputeras - World Of Buzz 3

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 100 Collage 100
News3 hours ago

Rider Killed in Bangsar After Going Under the Wheels of Lorry That Speedily Reversed Into Traffic

A motorcyclist met his demise after going under the wheels of a lorry that reversed itself into the traffic in...

Collage 1 5 Collage 1 5
News3 hours ago

“The increase is unavoidable” – School Bus Fares Expected to Hike as Much as 30%

School bus fares are expected to rise between 25% and 30% due to the increase in the cost of spare...

Collage 95 Collage 95
News1 day ago

42-Year-Old M’sian Man to Become First Person in Terengganu to Be Caned Publicly for Repeated Khalwat

A 42-year-old Malaysian widower will be the first person in Terengganu to be whipped in public for repeated Khalwat. The...

Collage 94 Collage 94
News2 days ago

5 Major Road Accidents Involving Trailers & Containers That Have Happened in M’sia Since 2022

Road accidents happen every day but there has been a significant number of container-related accidents recently.  Unfortunately, most of these...

My Post 1 2024 11 22T162729.854 My Post 1 2024 11 22T162729.854
News2 days ago

Terengganu Recorded 53 Marriages Involving Underaged Girls Since 2022, Most No Longer Studying

Terengganu has allegedly recorded 53 cases of marriages involving underaged girls in the last 2 years. According to a report...

Collage 93 Collage 93
News2 days ago

“Only RM124/month for 3 rooms” – DBKL to Take Action Against PPR Residents Who Aren’t Paying Rent

The Kuala Lumpur City Hall (DBKL) has a stern reminder for residents of the low-cost flats (PPR) in the city....

Collage 1 4 Collage 1 4
News2 days ago

M’sian Doctor Accused of Filming Female Worker’s Backside & Body While She Was Arranging Products

A local doctor was brought to court today (November 22), and is facing charges for allegedly recording videos of a...

Collage 18 2 Collage 18 2
News2 days ago

M’sian Guards Carrying RM200k in Company Cash Tell PDRM They Were Robbed, Get Detained Instead

In recent news, 3 men recently filed a police report after claiming that a sack of money belonging to a...

Announcement

Latest Videos



TRENDING TODAY