Budget fails to tackle problems of inequality, says rights group

Budget fails to tackle problems of inequality, says rights group

A coalition of civil society organisations says the budget did not take into account the rise in female-led households.

A group of civil society organisations said the 2024 budget announced today had ‘a limited gender perspective’. (Envato Elements pic)
PETALING JAYA:
A coalition of civil society organisations and academics say that the 2024 budget has missed the opportunity to deal with inequalities, including gender equality.

The Gender Budget Group (GBG) said the federal budget announced today should have taken into consideration the rising number of female-led households who may not be eligible for tax exemptions or may likely be in formal work.

The budget should have included wider “disaggregated data” for gender-equal technical and vocational education and training programmes.

The group lamented that the budget had a “limited gender perspective” and could have been improved so that allocations could reach those who need it the most, including women and children.

Among the measures included in the budget was a RM720 million allocation for small loans to encourage women and young people to venture into business, and an increase in income tax exemption limit on childcare allowances from RM2,400 to RM3,000.

GBG lauded the EPF i-Sayang programme extension which now allows wives to transfer 2% of their contributions to their husbands. It said the move acknowledged the shared care work by spouses.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.