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Demand Greater Economic Justice Amidst Malaysia's GDP Growth
Related Article: Bursa takes a breather despite positive Q2 GDP data - freemalaysiatoday.com - Friday, August 15, 2025, 6:44:01 AM Eastern Daylight Time
Target: Ministry of Finance Malaysia and Bank Negara Malaysia
Goal: Ensure that Malaysia’s economic growth benefits all citizens, not just financial institutions and large corporations.
Malaysia's Q2 2025 GDP data shows a 4.4% year-on-year expansion, yet the benefits of this growth are not felt equally across society. While banking stocks and financial institutions see gains, many working Malaysians face stagnant wages, rising living costs, and increasing job insecurity. The focus on financial sector performance overlooks the broader reality: economic growth must be shared equitably, not concentrated among the wealthy and powerful.
We urge the government and regulatory bodies to implement policies that prioritize people over profits. This means investing in public services, raising wages, supporting small businesses, and ensuring that all Malaysians have access to affordable healthcare, education, and housing. Economic justice is essential for a stable and prosperous Malaysia.
Key Demands
- Increase the minimum wage and ensure regular wage reviews to keep up with the cost of living.
- Implement progressive taxation to ensure that large corporations and the wealthy pay their fair share.
- Expand public investment in healthcare, education, and affordable housing.
- Strengthen social safety nets for vulnerable groups, including the unemployed and underemployed.
- Support small and medium enterprises (SMEs) with targeted grants and low-interest loans.
- Increase transparency and public accountability in economic policy-making.
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(C)opyright 2025 - TruthAndResistance.com
(C)opyright 2025 - TruthAndResistance.com