KUALA LUMPUR, Oct 27 (Bernama) -- The Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) assistance programmes must remain short-term measures rather than permanent features, as they are designed to help households cope with rising living costs and maintain their purchasing power, an economist said.
Business : STR, SARA Should Remain Short Term To Help With Rising Living Costs
STR, SARA, Nazmi Idrus, Mohd Afzanizam Abdul Rashi
BE Bernama 
Key points
- Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said continued reliance on such assistance could undermine the effectiveness of long-term government efforts in areas such as education, training, healthcare and infrastructure in promoting social mobility.
- “So, the government should aspire that the recipient of cash aid would eventually be coming down as long-term policies on education, healthcare and infrastructure would be able to provide the right catalyst for the society to experience a better economic status,” he told Bernama.
- On the economic conditions needed to gradually phase out STR and SARA without putting vulnerable households at risk, Mohd Afzanizam said the government should monitor household income levels and ensure families continue to send their children to school and take care of their health.
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- Bernama Business : STR, SARA Should Remain Short Term To Help With Rising Living Costs (this story)