Creation of high paying job crucial, Khazanah Research says

  • 📰 staronline
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

There is a critical and urgent need, it said.

KRI State of Households 2020 report revealed that while absolute poverty has declined, many households remained precariously vulnerable.

The report also revealed that 11.3 per cent or 835,000 households had incomes not far above the absolute poverty line income, while remaining far below the average living standard. Hawati said this during a virtual media briefing on KRI's State of Households 2020 report titled"Welfare in Malaysia Across Three Decades" today.

As such, the think tank stressed that economic empowerment initiatives must be scaled up to assist these households in generating higher incomes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines