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Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak

Coronavirus (COVID-19) is highly contagious infection that has become a global public health issue. In order to prevent the spread of the COVID-19 pandemic in Malaysia on March 18, 2020, the government issued a Movement Control Order (MCO) restricting travel into and out of the nation including Sar...

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Main Authors: Abdul Hayy Haziq, Mohamad, Rossazana, Ab Rahim, MUHAMAD RIAS K, V ZAINUDDIN, Abdul Rahman Educe, Kushairi
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2024
Subjects:
H Social Sciences (General)
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/47542/1/spending-behaviour.pdf
http://ir.unimas.my/id/eprint/47542/
https://hrmars.com/papers_submitted/20478/spending-behaviour-toward-the-financial-aid-during-covid-19-in-sarawak.pdf
http://dx.doi.org/10.6007/IJARAFMS/v14-i1/20478
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spelling my.unimas.ir-475422025-02-07T07:44:22Z http://ir.unimas.my/id/eprint/47542/ Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak Abdul Hayy Haziq, Mohamad Rossazana, Ab Rahim MUHAMAD RIAS K, V ZAINUDDIN Abdul Rahman Educe, Kushairi H Social Sciences (General) HB Economic Theory Coronavirus (COVID-19) is highly contagious infection that has become a global public health issue. In order to prevent the spread of the COVID-19 pandemic in Malaysia on March 18, 2020, the government issued a Movement Control Order (MCO) restricting travel into and out of the nation including Sarawak. The MCO has slowdown the economy and many people were losing their income. The financial aid in the form of cash transfer is a fiscal policy to enhance the economy flow during the MCO. This study is focusing the behaviors of people in Sarawak on their spending behaviour after received the cash transfers from the government. This study is using the non-parametric methods to analyses the spending behaviour involving 186 respondents in Sarawak. This study also examinate the regression of saving, paying debt, buying grocery and investment toward the spending behaviour to identify the successful of cash transfer policy. The findings indicate that in order for the spending behaviour towards the financial assistance programme to be successful, the citizen needs to spend their money on things like paying debt and buying groceries. Human Resource Management Academic Research Society 2024 Article PeerReviewed text en http://ir.unimas.my/id/eprint/47542/1/spending-behaviour.pdf Abdul Hayy Haziq, Mohamad and Rossazana, Ab Rahim and MUHAMAD RIAS K, V ZAINUDDIN and Abdul Rahman Educe, Kushairi (2024) Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak. INTERNATIONAL JOURNAL OF ACADEMIC RESEARCH IN ACCOUNTING, FINANCE & MANAGEMENT SCIENCES, 4 (1). pp. 154-172. ISSN 2225-8329 https://hrmars.com/papers_submitted/20478/spending-behaviour-toward-the-financial-aid-during-covid-19-in-sarawak.pdf http://dx.doi.org/10.6007/IJARAFMS/v14-i1/20478
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic H Social Sciences (General)
HB Economic Theory
spellingShingle H Social Sciences (General)
HB Economic Theory
Abdul Hayy Haziq, Mohamad
Rossazana, Ab Rahim
MUHAMAD RIAS K, V ZAINUDDIN
Abdul Rahman Educe, Kushairi
Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak
description Coronavirus (COVID-19) is highly contagious infection that has become a global public health issue. In order to prevent the spread of the COVID-19 pandemic in Malaysia on March 18, 2020, the government issued a Movement Control Order (MCO) restricting travel into and out of the nation including Sarawak. The MCO has slowdown the economy and many people were losing their income. The financial aid in the form of cash transfer is a fiscal policy to enhance the economy flow during the MCO. This study is focusing the behaviors of people in Sarawak on their spending behaviour after received the cash transfers from the government. This study is using the non-parametric methods to analyses the spending behaviour involving 186 respondents in Sarawak. This study also examinate the regression of saving, paying debt, buying grocery and investment toward the spending behaviour to identify the successful of cash transfer policy. The findings indicate that in order for the spending behaviour towards the financial assistance programme to be successful, the citizen needs to spend their money on things like paying debt and buying groceries.
format Article
author Abdul Hayy Haziq, Mohamad
Rossazana, Ab Rahim
MUHAMAD RIAS K, V ZAINUDDIN
Abdul Rahman Educe, Kushairi
author_facet Abdul Hayy Haziq, Mohamad
Rossazana, Ab Rahim
MUHAMAD RIAS K, V ZAINUDDIN
Abdul Rahman Educe, Kushairi
author_sort Abdul Hayy Haziq, Mohamad
title Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak
title_short Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak
title_full Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak
title_fullStr Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak
title_full_unstemmed Spending Behaviour Toward the Financial Aid During COVID-19 in Sarawak
title_sort spending behaviour toward the financial aid during covid-19 in sarawak
publisher Human Resource Management Academic Research Society
publishDate 2024
url http://ir.unimas.my/id/eprint/47542/1/spending-behaviour.pdf
http://ir.unimas.my/id/eprint/47542/
https://hrmars.com/papers_submitted/20478/spending-behaviour-toward-the-financial-aid-during-covid-19-in-sarawak.pdf
http://dx.doi.org/10.6007/IJARAFMS/v14-i1/20478
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score 13.23648

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