Stats Dept: Pandemic forced more households into poverty in 2020


The Star reported that since the Covid-19 pandemic was declared in March last year, the government has launched eight stimulus packages worth RM530bil to address the crisis. The latest package, Pemulih, is worth RM150bil and was unveiled on June 28, 2021, to further mitigate the economic impact caused by the pandemic.

KUALA LUMPUR: The on-going Covid-19 pandemic pushed more households in Malaysia into poverty last year with Sabah, Kelantan and Terengganu the most impacted in terms of absolute poverty as incomes shrunk due to pay cuts or job losses.

The Statistics Department said on Friday the number of poor households increased to 639,800 households in 2020 as compared to 405,400 households in 2019.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit edges up as softer US yields weigh on greenback�
Global trade finance gap at US$2.5 trillion as global trade tensions rise, ADB says
FBM KLCI hovers above 1,700 support
Former army chief Zamrose resigns as Boustead Heavy Industries director
Trading ideas: Sunview, TNB, Capital A, Keyfield, TRC, Rexit, Pestec, AirAsia X, Hibiscus, Selangor Dredging, BHIC, Globetronics
Oil reverses gains after Trump eases worries over Iran
Wall Street ends lower, led by drop in Nasdaq
Czech ammunition-maker CSG plans Amsterdam IPO
Sunview Group in RM19mil fundraise
SupportLine

Others Also Read