A HIGH-INCOME COUNTRY WITH RM1050 MINIMUM WAGE?

Press statement by Kua Kia Soong SUARAM Adviser 18.9.2018

Dr Mahathir touted the aspiration of becoming a high-income country by 2020 at least three decades ago when he launched Vision 2020. Beyond the catchy phrase, we must question what such a goal represents for ordinary Malaysians. Firstly, what do mean/average numbers represent in practice for people living at the bottom end of the spectrum of grossly divergent incomes, and secondly, if this is our goal, are we on track? Thirdly, if not, what needs to be in place to ensure we are on track in moving towards such an aspiration?  

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