Amid the stagnating wages Malaysians are facing, the government plans to provide funds to help raise the salaries of employees in Malaysia in an effort to help ease the burden faced by the people.
According to Prime Minister Datuk Seri Anwar Ibrahim, the Cabinet discussed the matter after considering the situation where companies made profits of up to RM1 billion. However, their workers’ wages were still not increased.
“So what was our decision, we said that no matter what, with the cost of living and inflation, even though it is low, it still burdens the people. Therefore, we have proposed and are in the final stages of the study because we cannot force the companies to raise workers’ wages but can use mechanisms such as the minimum wage,” he stated.
“I want to tell you, brothers and sisters, we have come up with a surprising proposal that has never been thought of by PN. We will provide a sum of money or RM1 billion to RM2 billion to find a way to raise (salaries).”
Anwar, who is also the Finance Minister, said, for example, the proposal would help raise workers’ wages from RM2,000 to RM2,200 from funds provided by the government.
What do you think of this proposal? Let us know in the comments.
Also read: PM Anwar Launches 5 MADANI Affordable Housing Scheme in KL, Prices From RM150k to RM200k
