Dr M S Call For Budget Cuts Is Economic Suicide Says Najib



(FMT) – Former prime minister Najib Razak has described as “economic suicide” suggestions by Dr Mahathir Mohamad that Putrajaya cut budget costs by postponing or cancelling development projects.
Najib said the suggestion “did not make sense.”
Using the term PM4/PM7 to describe Mahathir (as the fourth and seventh Malaysian prime minister), Najib said: “At a time when domestic and foreign investors are not investing, PM4/PM7 wants the government to stop public investment.”
He added: “If that’s the case, where will the source of economic growth and new employment come from, for this year and the years to come? It is better for him to tell the Malaysian economy to just commit suicide.”
Najib, who was Malaysia’s sixth prime minister, also cautioned Putrajaya about the negative effects of the “tax holiday” on sales tax for car sales from June 15 to Dec 31.
He said those who bought cars during this period would be burdened with debt to a point where they would spend less in future years. This was evident when the former Pakatan Harapan government had used similar tactics with a three-month tax holiday in 2018, which he said “ruined” the economy in 2019.
Mahathir’s suggestion of budget cuts was made yesterday during the debate on the 2021 budget estimates. Mahathir had said there was no need for the 2021 budget amounting to RM322.5 billion to be so big, and he questioned the RM160 million allocation for offices of the international trade ministry, RM231 million for the domestic trade ministry, and the increase for the Prime Minister’s Department from RM7.9 billion to RM11.7 billion.
He said development expenditure could be temporarily delayed or reduced in favour of spending to fight the pandemic and reviving the economy.
He also reminded the government that they still had to pay RM39 billion in debt sustained by the Barisan Nasional government, while Putrajaya’s debts could rise to RM1.3 trillion with the 2021 budget.
 


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

https://www.malaysia-today.net/2020/11/14/dr-ms-call-for-budget-cuts-is-economic-suicide-says-najib/

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
Budget Cuts Put Diabetics At Greater Risk Says Kadir

Budget Cuts Put Diabetics At Greater Risk Says Kadir

papar berkaitan - pada 8/11/2020 - jumlah : 285 hits
Budget cuts place diabetic patients at greater risk says former media adviser A Kadir Jasin PETALING JAYA Budget cuts on health spending are akin to leaving patients with diabetes and heart disease to die said prominent blogger A Kadir Jasi...
Allow Conscience Vote For Budget 2021 Says Umno Vice President

Allow Conscience Vote For Budget 2021 Says Umno Vice President

papar berkaitan - pada 21/11/2020 - jumlah : 371 hits
Umno s Datuk Seri Mohamed Khaled Nordin says every MP should be given the freedom to support reject or even refrain from voting on Budget 2021 Picture by Hari AnggaraKUALA LUMPUR Nov 21 Every MP should be given the freedom to support reject...
Bitter Budget After Taste For Sabah Says Employers Group

Bitter Budget After Taste For Sabah Says Employers Group

papar berkaitan - pada 8/11/2020 - jumlah : 378 hits
The state s natural resources sector has been given a boost through the 2021 budget but high value downstream industrialisation has not KOTA KINABALU The Sabah Employers Association has expressed mixed feelings over the 2021 federal budget ...
Mukhriz Says No Approval For Budget Unless 12 Amendments Made

Mukhriz Says No Approval For Budget Unless 12 Amendments Made

papar berkaitan - pada 18/11/2020 - jumlah : 280 hits
Jerlun MP Mukhriz Mahathir says the 2021 budget will not help those facing stormy days KUALA LUMPUR Mukhriz Mahathir today said his group will reject the 2021 budget unless 12 amendments are made Expressing disappointment over the budget pr...
Budget For Next Year Not A Game Changer Says Pikom

Budget For Next Year Not A Game Changer Says Pikom

papar berkaitan - pada 9/11/2020 - jumlah : 405 hits
Pikom sees the increase in tax relief on lifestyle purchases to RM3 000 boosting sales of electronic and IT devices PETALING JAYA The National Tech Association of Malaysia today said the 2021 budget seemed to be a continuation of the variou...
Pakatan Proposes Unity Budget Amid Call For Political Ceasefire To Fight Covid 19

Pakatan Proposes Unity Budget Amid Call For Political Ceasefire To Fight Covid 19

papar berkaitan - pada 2/11/2020 - jumlah : 349 hits
Pakatan Harapan has proposed a Unity Budget amid growing calls for all parties to look beyond partisan lines and work together against a pandemic that has ravaged the economy and pushed many into hardship Picture by Yusof Mat IsaKUALA LUMPU...
No Blind Support For Budget 2021 From Pejuang Mps Says Mahathir

No Blind Support For Budget 2021 From Pejuang Mps Says Mahathir

papar berkaitan - pada 1/11/2020 - jumlah : 447 hits
Pejuang chairman Dr Mahathir Mohamad said his party won t give a blank cheque for Budget 2021 as MPs need to know the details proposed LANGKAWI Pejuang is prepared to support Budget 2021 which will be tabled in Parliament next week but only...
Premature To Declare Support For 2021 Budget Says Ph

Premature To Declare Support For 2021 Budget Says Ph

papar berkaitan - pada 2/11/2020 - jumlah : 403 hits
PKR secretary general Saifuddin Nasution Ismail says the finance minister is prepared to have more meetings with Pakatan Harapan on the 2021 Budget PUTRAJAYA PKR secretary general Saifuddin Nasution Ismail says it is still too early for the...
Govt Should Provide Interest Free Loans For Smes Says Pejuang

Govt Should Provide Interest Free Loans For Smes Says Pejuang

papar berkaitan - pada 16/11/2020 - jumlah : 337 hits
According to some media reports 32 000 SMEs had become bankrupt since the start of the Covid 19 pandemic PETALING JAYA Pejuang s economic and entrepreneurship bureau head Armin Baniaz Pahamin today called for the government to provide inter...
Tetamu Complain Majlis Akikah Anak Nabila Razali Sempit Amp Khemah Kecil Netizen Sound Kau Kebulur Nak Datang Apehal

Traffic Reported Smooth On Major Highways

Negara Ini Akan Lebih Aman Jika Mereka Ini Tidak Lagi Dalam Politik Negara

Menjelang Muktamar Pas Geng Ustaz Nak Langgar Geng Publika Dalam Pas

Pemberhentian Pekerja Petronas Disebabkan Cabaran Global Bukan Isu Petros Fadillah

Sammy Simorangkir Daripada Menyiksa Diri Chord

Yung Kai Sunkis 88rising Take Me Where The Sunlight Glows Chord

Jenazah Lima Sekeluarga Nahas Di Jerantut Selamat Dikebumikan Dalam Satu Liang Awal Pagi Tadi


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


D N 65 S Chi N L C Ch I X S Hi U Qu Nh T T I Da88

L Tr T L G Kh M Ph C Ch Ch I T I Nh C I Da88

Siapa Akan Ganti Rafizi Dan Nik Nazmi

Pagi Raya Pertama Aidiladha Di Tempat Kerja

Why Terpene Purity Is The Unsung Hero In Premium Cannabis Products

Duit Bulanan Bantu Selesai Hutang Amp Modal Berniaga Diberikan Kepada Keluarga Wanita Itu Sejak Tahun 2018 Maiwp