KUALA LUMPUR (Nov 3): Malaysia has about 75% of her working population with only Sijil Pelajaran Malaysia (SPM) qualification and below, according to Dr V Siva Balasingam, head of econometrics at the fiscal and economics division of the Ministry of Finance (MoF). The recently announced budget 2017 will see about RM52.4 billion allocated for education. Siva responded by sharing the economic relationship between wages, productivity and prices. He also said that TVET is an attempt to improve the productivity of the 75% people with SPM qualification and lower. During the dialogue, Siva and other panellists agreed that everyone gets a bit of the pie from the announced Budget.

Source: The Edge Markets November 03, 2016 12:46 UTC