Impact of Road Accidents on Our Economy

Festive seasons should be happy moment, but some people, because of they own unadjusted behavior, they had changed that happy moment to the misery and heart-broken situations. One of the reason for that to happen is the road accidents.

Do you know that road accidents create very very negative consequences. Road accidents not only affected the happines of the family but far more than that, road accidents have bad implications on our economy.

Accidents Cost RM9.3b of Malaysian Economy

SHAH ALAM: Malaysia is paying a heavy price due to road accidents, and the cost to the economy last year was about RM9.3 billion, Road Safety Department director-general Datuk Suret Singh said today.

"The massive loss was calculated taking into account various aspects, including insurance payout, medical costs and productivity loss due to permanent disability resulting from road accidents," he said.

Once the road users, especially motorcyclists, changed their mindset and became more disciplined in road usage, the country could save the RM9 billion which amounted to 1.5 per cent of the country's Gross Domestic Product (GDP), he said at the safety and health campaign on roads and at the workplace organised by Proton Holdings Berhad at its headquarters here.

Source: NST Online