Put Money From Samurai Bond To Good Use Suspend Ecrl Says Jomo



(FMT) – Prominent economist KS Jomo today urged Putrajaya to put the money from its Samurai bond loan to good use, suggesting that the billion-ringgit East Coast Rail Link (ECRL) project be suspended.
“Borrowing from Japan may be the best choice now, but what are we borrowing for? This brings us to the question of the ECRL,” he said during a forum on shared prosperity here.
Jomo, who was part of the high-level Council of Eminent Persons tasked with advising the government on economic and financial matters, said the project should be suspended, especially following the court testimony by Najib Razak’s former special officer Amhari Efendi Nazaruddin that it was mooted by Barisan Nasional to bail out 1MDB.
He said Putrajaya should hold talks with the Chinese government, which may not be keen on being linked to such projects as its president Xi Jinping steps up measures to curb corruption in his country.
Jomo, who is currently a research adviser at Khazanah Research Institute, said Malaysia has a “huge opportunity” to renew the topic in terms of the project’s integrity and viability, as building the 648km railway may cost the government billions.
At its last estimate, Putrajaya said the project would cost RM44 billion.
Jomo said the ECRL project, to connect Kelantan to the Klang Valley, would be under-utilised and heavily subsidised, forcing future generations to bear the cost as well.
“I am optimistic that Malaysia will approach the Chinese government with this new information which is now publicly available,” he added.
He also urged the government not to be complicit with the actions of the previous administration.
He said the money should instead be used on the people of Kelantan, adding that the state “does poorly on so many indicators”.
For instance, he said, the people in Kelantan and Terengganu need clean water and a mechanism to deal with annual flash floods.
“We need to deal with a lot of problems on the wellbeing of the people in Kelantan,” he added.
 


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

https://www.malaysia-today.net/2019/09/19/put-money-from-samurai-bond-to-good-use-suspend-ecrl-says-jomo/

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
1mdb Made No Income From Us 1 Bil Investment In Petro Saudi Says Ex Ceo

1mdb Made No Income From Us 1 Bil Investment In Petro Saudi Says Ex Ceo

papar berkaitan - pada 27/9/2019 - jumlah : 119 hits
Former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi KUALA LUMPUR Former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi told the High Court in Najib Razak s 1MDB trial that there were no returns from the sovereign fund ...
Govt Loses Twice From Asset Sales Says Ex Mb

Govt Loses Twice From Asset Sales Says Ex Mb

papar berkaitan - pada 23/9/2019 - jumlah : 108 hits
Former Selangor menteri besar Khalid Ibrahim said today that sales of national assets causes double the harm to the government finances We lose twice he said at a forum We don t have the assets and we are still in debt And now we are forced...
Jomo S Conscience On The Ecrl

Jomo S Conscience On The Ecrl

papar berkaitan - pada 24/9/2019 - jumlah : 181 hits
Jomo urged govt not to be complicit with actions of previous administration Council of Eminent Persons and NEAC member Jomo s conscience is pricking him to say the right things about the ECRL project Congratulations saudara Jomo Before I go...
Ph Aims To Cut Legs Out From Under Gps By Taking Control Of Community Leaders Says Analyst

Ph Aims To Cut Legs Out From Under Gps By Taking Control Of Community Leaders Says Analyst

papar berkaitan - pada 17/9/2019 - jumlah : 88 hits
Professor James Chin KUCHING The Pakatan Harapan government s move to take control of the appointment of community leaders in Sarawak is part of its strategy to wrest power from the state s ruling coalition Gabungan Parti Sarawak a politica...
Young People Must Be Steered Away From Religion Says The Chinese Press

Young People Must Be Steered Away From Religion Says The Chinese Press

papar berkaitan - pada 25/9/2019 - jumlah : 138 hits
Most importantly the government must strive to change the attitude of our young people and instill the right value system in them through a variety of channels to keep them away from religious and racial extremism Dr James Woon Sy Keen Mysi...
Palm Oil Taking A Leaf From Timber Trade On Sustainability Certification Says Kok

Palm Oil Taking A Leaf From Timber Trade On Sustainability Certification Says Kok

papar berkaitan - pada 24/9/2019 - jumlah : 143 hits
Less than half of the palm oil plantations in the country are certified under the Malaysian Sustainable Palm Oil scheme KUALA LUMPUR Primary Industries Minister Teresa Kok says the palm oil industry is learning from the timber industry in o...
China S New Digital Currency Could Encourage Worldwide Use Of The Yuan Says Ceo

China S New Digital Currency Could Encourage Worldwide Use Of The Yuan Says Ceo

papar berkaitan - pada 18/9/2019 - jumlah : 167 hits
China s proposed digital currency could trigger global use of the yuan according to the CEO of American cryptocurrency financial services firm Circle The People s Bank of China last month announced that it s close to launching its own digit...
Cultural Activist Says Kelantan Lifting Mak Yong Ban Good But

Cultural Activist Says Kelantan Lifting Mak Yong Ban Good But

papar berkaitan - pada 27/9/2019 - jumlah : 196 hits
The Kelantanese Mak Yong dance is more than just an art form that can be regulated by various restrictions on its performance according to socio cultural researcher Eddin Khoo Khoo founder of Pusaka an NGO working on the preservation of Mal...
From Datuk Seri To Money Laundering The Fall Of Gnanaraja

From Datuk Seri To Money Laundering The Fall Of Gnanaraja

papar berkaitan - pada 13/9/2019 - jumlah : 192 hits
Just over five years after being bestowed a Datuk Seri title by the Sultan of Pahang businessman G Gnanaraja is facing the prospect of being jailed for money laundering The businessman was today charged with 68 counts of money laundering in...
Adham Baba Hamzah Zainuddin Saman Lah Asia Sentinel

T4jam Pandangan Fazura Tengok Kawan Wanita Nya Menggelet1s Dgn Suami Sendiri

Allahuakbar Mak Ayah Teng0k Sikit Anak Anda Rakaman Video Tiga Gadis Svjud Atas Tarr

Danau Baru Muncul Di Kota Kupang Usai Badai Seroja

Najib Hairan Mengapa Umno Bn Masih Sokong Kerajaan Pn

Villa F By Mohamed Amine Siana In Casablanca Morocco

Bertegas Jika Tak Mahu Dianggap Gagal Jaga Keselamatan Rakyat

Keretapi Antara Bandar



Lina Medina Ibu Paling Muda Dalam Dunia

Bateri Berlian Dari Sisa Radioaktif Ini Mampu Bertahan 28 Ribu Tahun

Info Dan Sinopsis Drama Berepisod Ramadani TV3

Kisah Gadis Colombia Yang Tidur Selama 2 Bulan Secara Berterusan Sleeping Beauty

Berapa Harga Sebenar Kereta Recond Popular Jepun Yang Dijual di Malaysia


Sayang Semuanya Sudah Terliwat

Bersihkan Kawasan Intim Dengan Lakukan Brazilian Wax Di Sekitar Kl

Sedapnya Makan Puding Sejuk Sejuk Aneka Resepi Mudah Boleh Cuba

Viral Gambar Bersama Reekateemor Adakah Neelofa Bakal Mengadakan Majlis Resepsi Secara Tertutup

Amaran Covid 19 Di Vanuatu Setelah Mayat Positif Virus Dijumpai Terdampar Di Pantai

Pm Britain Boris Johnson Batalkan Lawatan Ke India Disebabkan Covid 19