Guan Eng Says 3 More Years Needed To Mend Fiscal State



It would take at least three more years before Malaysia's fiscal health can be restored following years of endemic corruption, RM1 trillion worth of accumulative debt, and failed policies, Finance Minister Lim Guan Eng has said
In a new year's message in his capacity as DAP secretary-general, Lim said that this was despite stating that the Pakatan Harapan had "notched up some clear successes" under the premiership of Dr Mahathir Mohamad
These successes include finding extra savings of RM1.6 billion, the multiple prosecutions in relation to the 1MDB scandal and recovery process of stolen monies, replacing of GST with SST as well as plans to return RM19.4 billion in allegedly unpaid GST returns in 2019
"Whilst endemic corruption and abuse of power were amongst the causes for the stunning victory of the opposition Harapan coalition on May 9, 2018, the real reason is still the economic hardships suffered by the people caused by failed policies, crony capitalism and of course the infamous 1MDB financial scandals
"[...]Malaysia will require three years to restore our fiscal health and take our place as the most promising emerging economy to achieve high-income status," Lim said
The new regime has been under pressure to restore the economy, especially after having campaigned on the platform of public dissatisfaction over rising costs of living and fiscal mismanagement
It has also been accused of reneging or delaying various promises made in its election manifesto related to, among others, creating a more competitive economy and looking after the needs of the marginalised
The Bagan lawmaker today noted, however, that Malaysia's economy was on the mend, stating that Bloomberg has placed the country as top amongst 20 emerging economies in the world, while other credit ratings agencies have maintained its ratings
"This vote of confidence is evidenced by the resurgent growth in exports in October 2018 to a historic high in a single month of RM96.4 billion and a record trade surplus of RM16.3 billion
"Approved Foreign Direct Investments (FDI) in the manufacturing sector increased from May to September 2018 by RM 27.7 billion or 379 percent, from RM7.3 billion in 2017 to RM35 billion in 2018," he said
He further claimed that the new government, which came into power after defeating Barisan National in the May 9 general election, had been committed to the welfare of the low-income B40 community as well as civil servants, rubber tappers and smallholders, Felda settlers and parents
"Petrol prices and highway toll hikes were frozen and not allowed to increase [...] the government managed to find extra savings of RM1.6 billion at the end of the year, which has been disbursed and shared with civil servants, rubber tappers and small-holders, Felda settlers and parents earning less than RM3,000
"More importantly the B40 group will for the first time in history, enjoy free health insurance protection in the form of a one-off payout of RM8,000 spread over a yet to be determined time frame, and yearly 14-day hospitalisation income of RM50 per day or RM700 annually," his statement read. - Mkini

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

http://malaysiansmustknowthetruth.blogspot.com/2018/12/guan-eng-says-3-more-years-needed-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Mus

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
Guan Eng Says It Will Take Three Years To Mend Malaysia And Blames The Previous Govt

Guan Eng Says It Will Take Three Years To Mend Malaysia And Blames The Previous Govt

papar berkaitan - pada 1/1/2019 - jumlah : 299 hits
It would take at least three more years before Malaysia s fiscal health can be restored following years of endemic corruption RM1 trillion worth of accumulative debt and failed policies Finance Minister Lim Guan Eng has said In a new year s...
Malaysia Needs 3 Years To Restore Fiscal Health Guan Eng

Malaysia Needs 3 Years To Restore Fiscal Health Guan Eng

papar berkaitan - pada 2/1/2019 - jumlah : 300 hits
Finance Minister Lim Guan Eng feels that 2019 would be a better year for Malaysia if the people stay together for a brighter future for our children 8221 Bernama File Photo KUALA LUMPUR Malaysia will require three years to restore its fisca...
The Abolition Of Highway Toll Charges Can Wait Says Guan Eng

The Abolition Of Highway Toll Charges Can Wait Says Guan Eng

papar berkaitan - pada 1/1/2019 - jumlah : 262 hits
The Pakatan Harapan government will fulfill its election promise to abolish tolls in the country but focus now has to be on improving the country s financial situation Finance Minister Lim Guan Eng said He said today that the abolition of m...
Get Ready Your Headache Pills Guan Eng Malaysia Set To Lose Up To Rm5 Billion If Oil Prices Fall Says Report

Get Ready Your Headache Pills Guan Eng Malaysia Set To Lose Up To Rm5 Billion If Oil Prices Fall Says Report

papar berkaitan - pada 28/12/2018 - jumlah : 307 hits
A FINANCIAL group has warned that the Malaysian government stands to lose around RM2 billion to RM5 billion in revenue if crude oil prices trades at US 55 to US 65 per barrel said daily UOB senior economist Julia Goh said the country s oil ...
Guan Eng Expresses Empathy For Mat Sabu Says Not Easy Being A Parent

Guan Eng Expresses Empathy For Mat Sabu Says Not Easy Being A Parent

papar berkaitan - pada 6/1/2019 - jumlah : 431 hits
GEORGE TOWN Lim Guan Eng has expressed empathy for Mohamad Sabu after the Defence Minister s son was picked up by the police for a drug related offence The Finance Minister said it was difficult to be a minister but sometimes even harder be...
Govt Will Recalibrate 2019 Budget If Oil Price Dips Below Us 50 Says Guan Eng

Govt Will Recalibrate 2019 Budget If Oil Price Dips Below Us 50 Says Guan Eng

papar berkaitan - pada 23/12/2018 - jumlah : 347 hits
The government will only recalibrate the 2019 Budget if average crude oil price dip below US 50 per barrel says Finance Minister Lim Guan Eng The Ministry of Finance prepared next year s budget based on crude oil prices of US 70 per barrel ...
Rafizi Puji Lim Guan Eng Cepat Bertindak

Rafizi Puji Lim Guan Eng Cepat Bertindak

papar berkaitan - pada 25/12/2018 - jumlah : 352 hits
Rafizi puji Lim Guan Eng cepat bertindak Semakan harga minyak secara mingguan dapat pastikan rakyat akan mendapat manfaat serta merta sekiranya harga minyak turun Bekas Naib Presiden PKR Mohd Rafizi Ramli mengucapkan tahniah kepada Menteri ...
Rafizi Praises Guan Eng For Swift Action Expects Ron95 To Be At Rm1 90 Per Litre

Rafizi Praises Guan Eng For Swift Action Expects Ron95 To Be At Rm1 90 Per Litre

papar berkaitan - pada 25/12/2018 - jumlah : 308 hits
PKR leader Rafizi Ramli today congratulated Finance Minister Lim Guan Eng s swift response to criticism of the government s policy towards fuel prices amid the falling global crude oil price Rafizi had yesterday urged the government to reve...
Guan Eng Najib S Rm120m Fuel Tax Claim Is A Lie

Guan Eng Najib S Rm120m Fuel Tax Claim Is A Lie

papar berkaitan - pada 24/12/2018 - jumlah : 322 hits
Finance Minister Lim Guan Eng said former prime minister Najib Abdul Razak is falsely accusing the federal government of collecting RM120 million in fuel taxes The allegation that the government has imposed a fuel tax of RM0 30 on RON95 pet...
Oriental Kopi Klcc Port Minum Kopi Terbaru

Pasar Raya Flagship Jaya Grocer Di Sunway Pyramid Tarik Pengunjung Dengan Penampilan Serba Baharu

U Mobile The New Ali Baba Contractor For The Second 5g Network Tender

The Celebrity Legs And Feet In Tights 2024 Pantyhose Queen Poll Full Contender List

Panas Artis Wanita Malaysia Ditahan Polis Thailand Turut Ditemukan 6 000 Biji Pil Kuda

Projek Tebatan Banjir S Ngor Gagal Rugi Besar

Iphones Dalam Bahaya Amaran Baru Peretasan Sasarkan Peranti Apple

Jangkitan Kulit Utama Oleh Mycobacteria Bukan Tuberkulosis Laporan 6 Kes


echo '';
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

Anugerah Seri Angkasa 2024 Senarai Keputusan Pemenang Calon Top 5 Kategori Hadiah Persembahan Penyampai Trofi Dan Segala Info ASA 36


Malaysiaweeklyrecap 30 September

Malaysiaweeklyrecap October

Learning Has Always Been Distinctive Not Uniform

Ebook Rahsia Taobao

Larangan Menjalinkan Hubungan Sulit Dengan Suami Isteri Orang

12 Cawangan Ahmad S Fried Chicken Yang Semakin Mengganas Di Pasaran