Here are some of the gists of the budget 2009 presented by Pak Lah yesterday :
1. Duty for a 20-stick pack of cigarettes is increased by 60 sen.
2. A pension not less than RM720 per month will be received by the government pensioners.
3. A special fund of RM25mil will be set up for victims of calamities such as floods and fire.
4. RM50mil is allocated to repair and build new houses specially for senior citizens, the disabled and single parents with many dependents as well as victims of natural disaster.
5. A free electricity for households whose their monthly electricity bills are RM20 or less.
6. A subsidy of RM180 per month will be given to civil servants of income of RM3,000.
7. Reduction by 50% of toll charges for all buses except at border entry points.
8. A sum of RM5.6bil is allocated for agriculture entrepreneurs.
9. RM14.1bil is given to the Ministry of Higher Education in order to improve the quality of learning at institutions of higher learning.
10. A bonus of one-month salary will be given to all civil servants.
* for a complete information, read it by yourself somewhere else ok .. 🙂 *
This 2009 budget covers at least RM207.9bil, which is 5.1% higher than 2008 and this year, Pak Lah’s trying to focus on 3 startegies ; to ensure the well-being of Malaysians. to develop a quality human capital and to strengthen the nation’s resilience.
Many people had voice their opinion on this new budget. Some said that the allocation is reasonable and better than last year but there were certain people especially the opposition who had condemned it.
Personally, I don’t know what to say. I’m not an economist but from my limited knowledge, I think the government has been too generous with all the rebates and etc. Wouldn’t it sound too much? I think the government has been pampering the citizen too much. I don’t think it’s a good idea to give some money to the citizen just to eradicate poverty. ( hey, I’m not trying to be ungrateful here. I for myself receive a full scholarship from the government but at least I have a 10-year bond with the government hospital as a payback. ) I think the best way to handle this issue is by providing them some job’s opportunities. And to do so, in my humble opinion, the government should focus more on attracting foreign investor to come to Malaysia. ( and for that reason, can the we have a stable politics? can the politician stop arguing among themselves? don’t you guys been studying that we need a stable politics in order to attract the investors?? even a primary school children know that..sigh~) Besides, we can also strengthen our economy by doing so. Blimey, money is not going to be enough no matter how much the government gives.
Well, after all, it’s just my two cents…