Thursday 15 November 2018
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todayonline - 1 month ago

Poverty rate, income inequality reduced but a million M’sian households still poor, says study

KUALA LUMPUR — While the rate of poverty has declined from two decades ago, more than a million Malaysian households are still living in “relative poverty”, said Khazanah Research Institute (KRI) in a report published on Monday (Oct 15). And even with narrowing income inequality, more people could be impoverished and destitute, it said in the report, The State of Households 2018: Different Realities’ “Say, for instance, in a year Malaysia has a poverty rate of 40 per cent, while in the following year its

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