Can Ge15 Bring Us Policy Certainty And Political Stability


 

The challenges that the Malaysian economy already faces will be compounded by a possible reconfiguration of the existing political order.
In terms of the growth rate year-on-year (y-o-y), it has been fairly positive in the last three quarters.
But that is no indication that all is well with the economy. Firstly, the value of the ringgit vis-à-vis the US dollar and the Singapore dollar has not been encouraging, fiscal indicators have been worrying, and companies have been complaining of labour shortages.
Longer term structural issues have been put aside to concentrate on immediate concerns. Budget 2023 is on hold since parliament was dissolved not long after it was tabled.
Meanwhile the jostling for power carries on with full force as the country heads for GE15.
It would be desirable if GE15 gives one party a clear mandate to rule the country for the next five years. An unlikely prospect at the moment.
A firm, undivided mandate would ensure not just political stability, but firm policy certainty.
With the fragmented political scenario, Malaysia could end up with a hung parliament or at best with a minority government, leading to the emergence of a coalition to take control of the administration.
The existing political parties do not have sharp ideological divides – with the exception of PAS – and there is little to differentiate them in terms of economic ideology.
Nevertheless, disagreements will abound, as was seen during Pakatan Harapan’s (PH) two-year term, followed by an uneasy alliance between Muhyiddin Yassin of Bersatu and Ismail Sabri Yaakob of Umno.
It is encouraging that PH, led by the once incarcerated Anwar Ibrahim, has published an interesting manifesto, a document that correctly identifies the most important problems that plague the economy – some silently, others less so.
In many ways the PH manifesto is creative. It addresses the question of Malaysia as an ageing society, something that has not been recognised as needing urgent action so far, and a buckling healthcare system.
In a novel turn, the manifesto directs its lens towards children’s rights, a rare turn for a country more obsessed with growth and industry.
The manifesto shows some seriousness in handling the concerns of Sabah and Sarawak, two territories in Borneo that feel alienated, and that are giving voice to the increasing sense of dissatisfaction at being left out of the centre of things. But that is an issue that Barisan Nasional (BN) has addressed, too.
Not to be left behind, BN has a manifesto that is radical in some ways. It promises an “assistive basic income” scheme, which will be credited every month automatically to households with a monthly income below RM2,208.
The notion of a basic income is an interesting one: it will give some certainty to those with low incomes; and it will keep aggregate demand afloat in the tough times that will roil the economy in 2023.
Above all, it will do away with the cluttering of cash handout programmes that have been instituted since the days of the pandemic.
In a refreshing move, the BN manifesto promises to cut income tax for those in the M40 group. When the wheels hit the ground, BN will have to deal with the nitty-gritty of instituting fiscal reform.
It is quite one thing to come out with interesting ideas and another to make them practicable. It cannot be denied that BN has done it in the past, particularly when it introduced the GST, a policy that for many years was kept on the shelf, even when thought to be useful.
And having won the elections, it will be another matter how the winners will keep a healthy coalition going through thin economic times.
As former second finance minister Johari Ghani has rightly pointed out, what the country needs is good leadership, a sense of vision, and a return to competent economic management. - FMT
The views expressed are those of the writer and do not necessarily reflect those of MMKtT.


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2022/11/can-ge15-bring-us-policy-certainty-and.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Looking Ahead Rethinking Stability In Ge15

Looking Ahead Rethinking Stability In Ge15

papar berkaitan - pada 19/11/2022 - jumlah : 117 hits
Throughout GE15 the mantra of both BN and PN has been stability as they call on their voters to support them As the campaign reaches the final hours it is worth reflecting on stability the sources of instability in Malaysia and importantly ...
Ge15 Bn Pledges Political Funding Act Appoint Macc Ec Heads Via Select Committee

Ge15 Bn Pledges Political Funding Act Appoint Macc Ec Heads Via Select Committee

papar berkaitan - pada 8/11/2022 - jumlah : 146 hits
BN chairman Datuk Seri Dr Ahmad Zahid Hamidi Pic NSTPKUALA LUMPUR Barisan Nasional is keen to create a Political Funding Act to ensure the political practices in the country are transparent BN chairman Datuk Seri Dr Ahmad Zahid Hamidi said ...
Ge15 Wong Doubts Bn Gps Can Get Past Magic Number Of 112 To Form Next Govt

Ge15 Wong Doubts Bn Gps Can Get Past Magic Number Of 112 To Form Next Govt

papar berkaitan - pada 15/11/2022 - jumlah : 191 hits
Dato Sri Wong Soon Koh SIBU Parti Sarawak Bersatu president Dato Sri Wong Soon Koh has cast his doubt that Barisan Nasional and Gabungan Parti Sarawak can get past the 8220 magic number of 112 8221 on polling day Wong who
Ge15 Political Funding Law And Separation Of Ag Public Prosecutor S Functions Among Key Pledges In Bn Manifesto

Ge15 Political Funding Law And Separation Of Ag Public Prosecutor S Functions Among Key Pledges In Bn Manifesto

papar berkaitan - pada 8/11/2022 - jumlah : 113 hits
PETALING JAYA A political funding law and separating the roles and functions of the Attorney General and public prosecutor are among key pledges in Barisan Nasional s manifesto for the 15th General Election says Datuk Seri Dr Ahmad Zahid Ha...
Awani Tonight Ge15 Can Bn Retain Tanjung Karang

Awani Tonight Ge15 Can Bn Retain Tanjung Karang

papar berkaitan - pada 17/11/2022 - jumlah : 113 hits
Political analyst from USM Prof Dr Sivamurugan Pandian weighs in on the outlook in Tanjung Karang and whether BN is able to retain the seat SUBSCRIBE now Astro Awani https www youtube com c astroawani sub confirmation 1 Berita lanjut di htt...
Political Stability

Political Stability

papar berkaitan - pada 18/11/2022 - jumlah : 238 hits
blogtunm blogspot com Tun M Dear Voters 1 You want political stability2 You want economic growth3 You want security4 Then don t vote for cash is king kleptocrat UMNO5 Remember when UMNO lost in PRU 146 Najib proposed a Malay Muslim Governme...
Ge15 Ismail Sabri Says Zahid Cannot Decide On Ph Bn Cooperation Only Bn Supreme Council Can Do It

Ge15 Ismail Sabri Says Zahid Cannot Decide On Ph Bn Cooperation Only Bn Supreme Council Can Do It

papar berkaitan - pada 22/11/2022 - jumlah : 158 hits
Umno deputy president Datuk Seri Ismail Sabri Yaakob said only the Barisan Nasional supreme council can decide whether the coalition should form a Pakatan Harapan BN unity government Ismail said Umno president Datuk Seri Dr Ahmad Zahid Hami...
Ge15 Will Zahid S Politicking Bring Umno To Its Knees

Ge15 Will Zahid S Politicking Bring Umno To Its Knees

papar berkaitan - pada 14/11/2022 - jumlah : 190 hits
A look at how party chief may have miscalculated support for Barisan Nasional Defunct opposition pact Pakatan Rakyat s now Pakatan Harapan s war chant of the 2008 general election Anything But Umno Asalkan Bukan Umno has made an unexpected ...
Five Issues To Consider For Ge15

Five Issues To Consider For Ge15

papar berkaitan - pada 8/11/2022 - jumlah : 151 hits
One way of determining which way to vote in a systematic manner is to list down important issues dear to your heart and then look at which coalition is most likely to help you advance that issue and vote for the party in that coalition List...
China S President To Host Official Dinner For Anwar

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design

India Secebis Kenangan Di India Random Photos

Anwar Slams Hypocritical Criticism Over His Response To Najib S Apology

A Sucker Punch For Rm1 000 What S The Value Of Dignity In Malaysia


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Sotong Rebus Hitam Kelantan

Realiti Bila Ada Anak Kecil

Love Please Don T Let Me Go Angelina Jordan

Konsep Wadiah Pengertian Hukum Dan Rukun Dalam Perspektif Syariah

Sayonara Iza Arina

Build A Strong Team For A Startups