World Bank: Around 490,000 Malaysian households still grappling with Covid-19 aftermath

Published on 2 Oct 2023 6:09:42 PM

While Malaysia’s economic growth has surpassed the pre-pandemic level, World Bank lead economist Apurva Sanghi
noted the absolute poverty rate in Malaysia stood at 6.2 per cent and was still high from the pre-pandemic poverty rate of 5.6 per cent.

Speaking to reporters on Monday (Oct 2), he said almost half a million households remain below the poverty line.