Don How Will Pn Ensure Politician Helmed Glcs Deliver Budget Initiatives


 



BUDGET 2021 | Questions have been raised over whether Perikatan Nasional (PN) can ensure that its numerous politician-led government-linked companies (GLC) and agencies will be able to carry out Budget 2021 initiatives accordingly.
Based on the budget speech, Universiti Malaya political economy professor Terence Gomez noted that such firms will play a major role in the government’s economic plans next year.
Finance Minister Tengku Zafrul Abdul Aziz said on Friday that GLCs have been roped in to offer 15,000 contract jobs under MyStep. 
GLCs Petronas and Telekom Malaysia have also been tasked with carrying out Jana Niaga, a financing scheme for small and medium-sized enterprises.
Majlis Amanah Rakyat (Mara) will be given RM50 million to disburse to bumiputera contractors engaged in government projects under Skim Pembiayaan Kontrak Ekspres (Spike). A portion of the RM95 million allocated to help women entrepreneurs will also go through the bumiputera agency.
Some RM400 million will be channelled to the Federal Land Development Authority (Felda) to write-off interest on settlers’ debt and for development programmes.
Prasarana Malaysia Bhd, meanwhile, has been tasked with expanding the My30 travel pass beyond Klang Valley as well as introducing a new unlimited monthly travel public transport pass for school children and the disabled.


Enough checks and balances?
While he agreed with utilising GLCs to drive the Covid-19 stricken economy, Gomez questioned if there was a “political dimension” to how they will be used.
Since coming into power in March, PN has appointed government lawmakers to lead Mara (Beaufort MP Azizah Dun), Felda (Besut MP Idris Jusoh) and Prasarana (Pasir Salak MP Tajuddin Abdul Rahman).
Many other federal and state government agencies and GLCs have also seen technocrats replaced with political appointments.
Gomez, who has authored numerous books on GLCs and state-market relations, wondered if the public service delivery system was robust enough to withstand potential political influences.


“Are there enough checks and balances so that the budget allocations reach the people they are targeting?
“If GLCs are such a huge component of the budget and if the GLCs are all also controlled by politicians, including sitting MPs, then, of course, we have reasons to be concerned about this budget,” he said.
Will bumiputera policies spook investors?
The former United Nations Research Institute for Social Development research coordinator also expressed concern over what he observed as an “unsettling” emphasis on ethnic classifications in the federal supply bill.

Terence Gomez
This, he said, was evident in the number of allocations for bumiputera-specific initiatives.
“There is a very strong political dimension coming through at a time when the focus ought to be on the economic and health crises,” he added.
Aside from the two Mara schemes mentioned above, yesterday’s budget speech noted that a total of RM11.1 billion had been allocated to the “bumiputera development agenda” to reduce the disparity between the races.
According to Zafrul, this amount was RM3.1 billion more than Budget 2020.


While bumiputera policies surface in almost every budget, Gomez said a pandemic-era budget should have been premised on inspiring investor confidence and fostering national unity.
“Budgets or policies that are cast along ethnic lines will not necessarily inspire investor confidence, especially among the non-bumiputera who constitute an important segment of the corporate sector,” he analysed.
“It should have been a Malaysian budget to get all Malaysians to come together.
“We are facing a pandemic which has had an enormous economic impact on all of us, and we have to get it right,” Gomez opined. - Mkini


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

http://malaysiansmustknowthetruth.blogspot.com/2020/11/don-how-will-pn-ensure-politician.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Must+K

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
Pm Muhyiddin Confident Economy Will Continue To Grow Under Budget 2021

Pm Muhyiddin Confident Economy Will Continue To Grow Under Budget 2021

papar berkaitan - pada 8/11/2020 - jumlah : 419 hits
Prime Minister Tan Sri Muhyiddin Yassin is optimistic that the country 8217 s economy will continue to grow under Budget 2021 that spells out many extraordinary incentives as well as creates many new job opportunities AFP file photo KUALA L...
Still No Unity Budget What Will The Agong Say

Still No Unity Budget What Will The Agong Say

papar berkaitan - pada 6/11/2020 - jumlah : 364 hits
Malaysians tend to interpret things very literally especially when it is to an advantage to them For example when Prophet Muhammad had four wives everyone then just interpreted that men can all have multiple wives woohoo But they forget all...
Bn Will Not Support Budget 2021 Unless It Is Amended

Bn Will Not Support Budget 2021 Unless It Is Amended

papar berkaitan - pada 10/11/2020 - jumlah : 326 hits
Najib wants loan moratorium for six months and a one off RM10 000 withdrawal from the EPF Barisan Nasional backbencher chief Najib Razak today said they will only support the 2021 budget if the government makes amendments to the Supply Bill...
Will It Be A Gridlocked Budget

Will It Be A Gridlocked Budget

papar berkaitan - pada 10/11/2020 - jumlah : 165 hits
Although the Perikatan Nasional government received the King s decree for the budget to be passed in the best interests of the country and people the proposed document has not reflected this exhortation On the first day of parliamentary deb...
How The Parties Feel About Budget 2021

How The Parties Feel About Budget 2021

papar berkaitan - pada 7/11/2020 - jumlah : 370 hits
The fledgeling Perikatan Nasional government tabled its Budget 2021 yesterday drafted by former banker turned finance minister Tengku Zafrul Abdul Aziz There were a lot of high hopes and suggestions in view of the Covid 19 crisis from non P...
Critics Ask How Pjd Link Will Benefit Residents

Critics Ask How Pjd Link Will Benefit Residents

papar berkaitan - pada 29/10/2020 - jumlah : 361 hits
Bukit Gasing assemblyman Rajiv Risyakaran says his office has been briefed by the developers on the proposed PJD Link PETALING JAYA The proposed PJ Dispersal Link highway has again come under fire from critics who say the developers have ye...
Budget Will Be An Extension Of Stimulus Packages Says Economist

Budget Will Be An Extension Of Stimulus Packages Says Economist

papar berkaitan - pada 5/11/2020 - jumlah : 272 hits
Bank Islam Malaysia s chief economist believes that initiatives to put more money in the hands of consumers will continue in the 2021 budget PETALING JAYA An economist believes that the federal budget to be tabled tomorrow will be an extens...
Muhyiddin Hopes All Mps Will Support Budget 2021

Muhyiddin Hopes All Mps Will Support Budget 2021

papar berkaitan - pada 4/11/2020 - jumlah : 338 hits
Tan Sri Muhyiddin Yassin today expressed hope that all Members of Parliament including those from the opposition bloc will support the national Budget 2021 which will be tabled at Parliament this Friday for the sake of the people s wellbein...
Turun Anwar A Protest That Stirs Headlines

Six Year Old Boy Reported Missing From Kopitiam

Holiday For Mara Junior Colleges After Rugby Championship Victory

Should Motorcyclists Be Exempt From Highway Tolls

Nerdywave Com The Ultimate Tee Destination For Nerds Gamers Dark Humor Lovers

From Indonesia To Saudi Arabia A Guide For Your Hajj And Umrah In Makkah Madinah

Badan Bengkak Sebelah Jangan Abaikan Ini Mungkin Lymphedema

Bayi Berusia Setahun Menggigit Seekor Ular Tedung Hingga Mati


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Kenapa Anda Perlu Miliki Dagmara Cordless Screwdriver

3 Situasi Nak Kenal Adik Beradik

Sunplay Tone Up Uv Essence Berseri Tanpa Filter Perlindungan Terhadap Uv

Reunion Yang Tak Dirancang

Aku Kembali Dengan Cerita Baru

Resepi Balutan Ayam Berkeju Dan Bawang Putih