Cuepacs: Up to 100,000 govt staff may soon become bankrupt


KUALA LUMPUR: Many civil servants are taking up more loans to cope with the rising cost of living, resulting in them being declared bankrupt.

Cuepacs president Datuk Azih Muda (pic) said civil servants from the middle and lower ranks were re­sorting to such measures, thinking that it would offset their expenditure owing to the rising inflation rate.

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Government , Cuepacs , bankrupts

   

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