Economist Manokaran Mottain discusses the rise of the Ringgit and ways to address poverty issues among Malaysian Indians.
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00:00B40, that is, the Indians or even Malaysians in the subcontinent
00:09will not be able to afford this budget in any way.
00:17Because they will not get any new type of tax.
00:24But overall, new plans and new taxes may come.
00:32They are now talking about inheritance tax.
00:37Another one is high tax.
00:41They are going to impose tax on expensive goods.
00:50So, poor people do not buy such expensive goods.
00:56The important thing is what poor people use in that budget.
01:04The cost of goods that poor people use should be taken into account.
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