KUALA LUMPUR: The cash payouts announced in the 2013 Budget clearly indicate the government's intention to uplift the socio-economic status of all Malaysians and should not be regarded as a populist move, aaid Singapore-based Spire Research and Consulting Pte Ltd.
Chief executive officer Leon Perera said the one-time cash rewards announced by Prime Minister Datuk Seri Najib Tun Razak would largely benefit the lower-income group and middle-income Malaysians, by assisting them to face the rising cost of living.
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