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Friday, 3 January 2014

'More people will be living in poverty’

Cassa president said more people will be living below the poverty line because of the higher cost of living due the price increase of goods and food.

PETALING JAYA: The price increase of goods will affect the health of the poor because they will not have money to buy basic necessities, said Consumers Association of Subang and Shah Alam, Selangor (Cassa) President Jacob George.

George said low-income earners were already hard pressed for money and with the increase in the price of goods they would be living below the poverty line.

Jacob said there was no way the low-income group could cut their expenses because their income was too low compared with the cost of living.

He said the poor were already struggling to make a living and many send their schooling children to work in coffeeshops to remain afloat.

“I believe more people will live in poverty now. There is some people earning less than RM1,000 and they cannot survive with the current cost of living.

The Federation of Malaysian Consumer Association (Fomca) secretary-general Paul Selvarajo said it was going to be tough for the consumers and they must to be smart in their expenditure.

Selvarajo said the consumers had to give priority to their needs and avoid unnecessary spending.

“They have to compare the price of goods before buying to get the best deal,” he said.

Selvarajo said they also had to cooking at home and avoid eating out.

He said the government must educate the consumers on how to spend wisely.

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