Report: Covid-19 undermined progress in reducing poverty

Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 percent in 2022 from 3.8 percent in 2019, according to a Khazanah Research Institute (KRI) report.

In its report “The State of Households 2024: Households and the Pandemic 2019-2022”, KRI said that Kuala Lumpur was the area with the highest household increases with 6,774 households, followed by Kuala Muda (5,229) and Kota Kinabalu (5,117).

The report, released today, said the Covid-19 pandemic...