Proposals which would have given meaning to 2012 Budget as a National Transformation Policy

The theme of of the 2012 Budget is: “National Transformation Policy: Welfare for the Rakyat, Wellbeing of the Nation.”

It is supposed to be a very important budget as it is open up a new decade of National Transformation Policy or DTN effective from 2011 to 2020 when Malaysia is to become developed and high-income nation.

The National Transformation Policy is the final lap of development policies starting with the New Economic Policy 1971-1990, National Development Policy 1991-2000 and the national Vision Policy 2001-2010.

But is there “transformational” in the 2012 Budget which is to usher in a decade of transformation in Malaysia? I can’t find anything transformational or even visionary at all.

If the 2012 Budget is a transformational one ushering a decade of transformations to make Malaysia increasingly competitive, inclusive, sustainable and prosperous, then it would have contained all or most of the following policies and programmes:

1. Affirmative policies based on meritocracy and need.

2. Open Tenders for all government contracts.

3. No Tolerance for Corruption with ll-out war against corruption, without or favour – starting with Sarawak and Sabah with establishment of special anti-corruption task force in each state.

4. Taking immediate steps to restore public confidence in the independence, professionalism and integrity of the key national institution s – esp. Judiciary, AG’s office, Police, MACC and Election Commission.

5. Increase of oil royalties from 5% to 20% for the oil royalties – with the 20% oil royalty for Sabah and Sarawak devoted to the welfare and wellbeing of the ordinary Sabahans and Sarawakians and not for he benefit of a handful of powerful people in the two states.

Speech (6) in Parliament on the 2012 Budget on Monday 17th October 2011