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Focus on equitably distributing wealth

by | May 9, 2023 | NATIONAL, NEWS, Opinions | 0 comments

BY: NICHOLAS LIM

Foreign and independent watchers on the beat in Malaysia are beginning to highlight and point out the wide disparity in the distribution of wealth in the country with a yawning gap between the rich and the poor.

This gap between basically the haves and the have nots must be narrowed and the unity government of Malaysia must ensure that the wealth created by economic growth is enjoyed by every Malaysian and not hoarded by the elite.

These independent and foreign observers feel that there are rumblings of discontent especially by those categorized in the B40 group that they have been overlooked in the distribution of the economic pie and they fear it could lead to social unrest.

But the root of the problem, contend local analysts, is that there are various parties who are simply amassing wealth at the expense of the majority of Malaysians by engaging in corrupt activities once they are in positions of power and authority.

What really ails Malaysia and is the ‘Achilles Heel’ of the country is corruption and most political analysts agree that if the government of the day can muster the political will to stamp out corruption then they can distribute wealth equitably.

The rakyat have long been suffering in silence by being deceived and hoodwinked by the regimes of the past and they are now hoping against hope that the Anwar administration will be able to restore and ensure wealth is equitably distributed.

-THE MALAYSIA VOICE

** The views expressed on this opinion is of the writer and not the publisher

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