It Is Getting Too Expensive To Live In Malaysia

The Micah Mandate

Prime Minister Najib caught Malaysians unaware by cutting subsidy on five items: sugar, cooking gas, Ron 95, Ron 97, and diesel. The country will save RM750 million subsequently. Najib said money saved will be used on education and health.

Najib also claimed that the opinions of people were sought, and they agreed to subsidy cuts. The claim was doubtful as reports in various media showed otherwise. Instead of cutting subsidy, people wanted the government to do away with wasteful spending and check on corruption which is rampant.

With the money saved, how can the public monitor whether it will be truly used in the said category? There had been numerous unfulfilled promises since the days of Dr. Mahathir, so much so that people are unconvinced by the “sincerity” of the government.

Malaysia could be a very prosperous country. We have many natural resources, yet we are lagging behind our neighbor Singapore which has nothing. We were the pride of Asia in the 1960s and 1970s, our economies surpassed China, Taiwan, Korea, Thailand, Indonesia and Singapore. But today not only these countries have overtaken us, even the backward countries like Vietnam and Cambodia will soon be able to jeer at us.

It is very disappointed that our standard of living is on the decline. If not because of corruption by our leaders, we would not suffer lack. Sad to say that today Malaysia is one of the most expensive place to live in the world. Don’t believe? Let me enclose a message which was written by a frustrated Malaysian I received in Facebook. I am sure many Malaysians can identify with the thoughts of the writer. But what to do, since we don’t have any means to migrate?

Message by a frustrated Malaysian:

What do we get for paying all the toll fares every day? The roads are built with our tax money and we still have to pay exorbitant toll fares just to use them.

The momentum of the government policies is moving towards cutting off all subsidies. The petrol that comes from our own oil wells will soon cost the same like that of countries that own no wells.

Then the extra GST (goods and services tax) that serves no purpose to the consumers, except making the government richer.

Now we have to pay RM50 just to have the convenience of using a credit card.

Why is it getting so expensive to live in Malaysia now?

Here are more reasons why: