Archive for category Selangor

Malaysia Mais chief shows up an effete Putrajaya in Bible issue

COMMENTARY BY THE MALAYSIAN INSIDER
25 June 2014

Thank you, Datuk Mohamed Adzib Mohd Isa. Thank you for confirming what commentators and lawyers have been saying since the Federal Court decided not to give leave to the Catholic Church to appeal to the apex court to overturn an order stopping it from using the word Allah in its weekly newspaper.

A few hours after the court decision, the Prime Minister’s Office issued a statement saying that the court decision would only impact the Catholic Herald.

At the same time, Putrajaya assured Christians that they could use Allah in their worship services and proudly proclaimed that the infamous 10-point solution put together in April 2011, just before the last Sarawak elections, was still in place.

Among other things, the 10-pointer allows the import of Malay-language bibles. Read the rest of this entry »

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UMNO Selangor motion on hudud implementation withdrawn as Selangor PR State Assembly members from DAP, PKR and PAS fully united and had decided to vote against UMNO motion in keeping with the PR Common Policy Framework that justice, freedom and good governance and not hudud are the common PR agenda priorities

With 74 days to go to celebrate the 57th Merdeka Day Anniversary and 90 days to celebrate the 51st Malaysia Day Anniversary, the nation’s greatest strengths – our ethnic, religious and cultural diversities – seemed to have become our greatest weaknesses.

Voices of intolerance, hatred, conflict and extremism filled the public spaces and are trying to drown out the voices of tolerance, peace, harmony and moderation, finding surprise ally in the authorities who have abdicated their responsibilities to uphold the law and keep the peace in the country.

Suddenly, Malaysia has become an even more abnormal country – symbolized by the continuing mystery of the 102-day missing Malaysian Airlines flight MH 370 tragedy/disaster with 239 passengers/crew on board and the 13-month disappearance of the Malaysian Prime Minister, Datuk Seri Najib Razak from major national issues after the 13th General Elections in May last year.

There are so many laws in the country, but Malaysia has never been more lawless in recent weeks.

The Inspector-General of Police should be the Chief Custodian of Law in the country but he has become the No. 1 Law-breaker in refusing to enforce the supreme law of land – the Malaysian Constitution.

There is even a quiet coup d’etat in the Cabinet, with the hitherto third-tier Minister in the Prime Minister’s Department in charge of Islamic affairs usurping the powers of second-tier and even first-tier Ministers in the Cabinet when the Minister concerned, Datuk Seri Jamil Khir Baharom shunted aside both the Prime Minister and the Minister in the Prime Minister’s Department in charge of law and the constitution, Nancy Shukri to give the unilateral, arbitrary and unconstitutional statement in Parliament that Malaysia is not a secular state.

This is the first time in the nation’s 57-year history that a Minister said in Parliament that Malaysia is not a secular state – in total contradiction to the statement by Bapa Malaysia and the first Prime Minister of Malaysia, Tunku Abdul Rahman who said in Parliament more than half a century ago on May 1. 1958: “I will like to make it clear that this country is not an Islamic state as it is generally understood; we merely provided that Islam shall be the official religion of the state”. Read the rest of this entry »

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Umno reps mull push for hudud in Selangor

By Zurairi AR
The Malay Mail Online
June 10, 2014

KUALA LUMPUR, June 10 ― After Kelantan, Selangor Barisan Nasional (BN) is now eager to see hudud roll out in Malaysia’s most developed state, which is likely to open another can of worms.

The state opposition coalition is meeting today to decide whether or not to propose a study to push out the controversial Islamic penal code at the next sitting of the Selangor legislative assembly, which starts next Monday.

Selangor State Assembly Speaker Hannah Yeoh confirmed the study on hudud to be among four proposals she received from BN for debate.

“I have yet to decide on them, whether to allow or not for them to be debated,” she told The Malay Mail Online in a text message.

Umno’s Sungai Air Tawar assemblyman Kamarol Zaki Abdul Malik, who mooted the study, told The Malay Mail Online that his proposal was submitted last week.

“It was submitted around a week ago, but it was sent on my behalf by Inmind,” Kamarol said over the phone, referring to Institut Perkembangan Minda, an agency which acts on behalf of BN assemblymen in the state. Read the rest of this entry »

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Kajang polls reflect positively on Pakatan

By Ong Kian Ming | 7:50AM Mar 26, 2014
Malaysiakini

ANALYSIS To the casual political observer, two facts from the recent Kajang by-election would have stood out.

Firstly, the turnout decreased from 88 percent in GE13 to 72 percent. Secondly, the majority of victory decreased from 6,824 in GE13 to 5,379 – a drop of 1,445 votes.

On the surface, these results may seem like a negative reflection on Pakatan Rakyat’s and specifically PKR’s campaign as part of the ‘Kajang Move’. But a more careful analysis of the results reveals important findings that are positive for Pakatan, moving forward.

Pakatan increased its popular vote from 56.8 percent to 59.7 percent, a 2.9 percent increase. While this increase may not seem significant, one has to take into account that the lower turnout most likely decreased Pakatan’s popular vote.

Most of those who did not vote for a variety of reasons – did not return from outstation, it was the start of the school holidays, and thought that the outcome was already decided – would have been Pakatan voters, especially the younger voters whose turnout decreased more than the older voters (more on this later).

Secondly, Pakatan won in 14 out of 16 polling stations (not including postal and early votes) in the by-election compared with 12 out of 16 polling stations in GE13.
Read the rest of this entry »

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In deriding Anwar, Daim shows Umno fear of losing Putrajaya sooner than later

The Malaysian Insider
February 26, 2014

So why is Tun Daim Zainuddin quaking?

Make no mistake, the former finance minister is worried. Worried enough that he keeps talking incessantly about Datuk Seri Anwar Ibrahim.

Publicly, he dismisses the PKR de facto leader as a publicity hound, a man who craves the limelight and loves the next headline.

Publicly, he runs the opposition leader down as someone who has never been able to solve any problem.

Publicly, he says that Anwar’s move to contest a by-election in Kajang is a complete waste of public funds.

Apparently Daim’s fixation with Anwar continues in private discussions but behind closed doors, the tone is less dismissive, less condescending. Read the rest of this entry »

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When the Opposition starts serving up déjà vu

Erna Mahyuni
The Malay Mail Online
February 19, 2014

FEB 19 — Wouldn’t want to be a PKR supporter right now. The “Who gets to be Selangor MB” game is getting pretty old and rather symptomatic of the prevailing malady permeating our country — having the wrong priorities.

Umno’s culture of selfishness and infighting with poison pen letters and hidden knives in the dark is well-documented. But to see the same culture of factionalism and infighting in PKR makes you wonder if the party is just a rebadged Umno. Same crap, same people (stop recruiting ex-Umno people already, Anwar) but just a different party name.

I can’t comment on the merits of Tan Sri Khalid Ibrahim versus Azmin Ali versus Datuk Seri Anwar Ibrahim because I frankly do not give a rat’s behind.

What is certain is that it is entirely possible for Pakatan Rakyat to lose Selangor, without even waiting for the next general election. Read the rest of this entry »

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From the Kajang by-election to the bigger picture, Anwar tells all

by Sheridan Mahavera and Mohd Farhan Darwis
The Malaysian Insider
February 04, 2014

PKR de facto leader Datuk Seri Anwar Ibrahim is no stranger to controversy. This time, it concerns his party’s attempts to get him elected as a state lawmaker in Selangor by triggering a by-election in the Kajang state seat. Anwar sat down with The Malaysian Insider to reply to criticisms the plan has generated and to tell the public why PKR feels it is justified, despite spending public funds on another electoral exercise.

Q: Let’s start with the background on the Kajang by-election. What was the motif behind this? It was a big surprise to your allies in Pakatan, even people in PKR did not know about it. Is it worth all this negative publicity?

A: It has been brewing for some time and we have to take into consideration the importance of Selangor, despite the fact that it was well managed and it was given a good and impressive mandate in the last general election.

As a major strategic consideration, we see that Selangor is under tremendous pressure and incessant attack by Umno and BN, including exploiting race and religious sentiments. We therefore feel, together with economic management, that there needs to be political leadership that is effective enough to mobilise and stop these excesses on behalf of the Malays and non-Malays in the state. Enough is enough.

This requires additional force and political clout, and a very strong message. To us it’s consistent with our statement on the national consensus that we cannot allow a small minority to hijack the national agenda and carry out threats to any citizen or group in the name of religion and race.

They are not nationalists; they don’t protect the interest of poor Malays, who are the vast majority of Malays, just the rich cronies. Or portray Islamic ethics well. Look at the manner it is played up and the character of those who profess to have religious leanings. No consideration of basic ethics or morality in the manner they display their arrogance and high handedness in dealing with issues.

We have a major problem in Selangor. This issue of race and religion shows the abdication of the Prime Minister and the government. They are either ignoring this or dismissing this or passing the buck to the state.

Second, economic problems. Inflation and spiralling prices are having a major impact and ramification to the state. It is close to Kuala Lumpur. Folks face hardship.

I think it is time we move to make Selangor a model and convey this strong message of how you govern politically and economically, and this will play when we wrest control of Putrajaya. Read the rest of this entry »

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Is Pakatan no different from Barisan?

– Richard Loh
The Malaysian Insider
January 13, 2014

Is this equation true:

90% positive + 10% negative = 90% negative + 10% positive

With Malaysia claiming that its education system is among the best in the world there can be no argument that many educated Malaysians would say that this is true.

The above equation is an example of Malaysians learning when they see the 10% of Pakatan Rakyat’s negative performances as equal to Umno-BN’s 10% positive performance – hence terming PR no difference from Umno-BN. The 90% positive performance against Umno-BN’s 90% negative performance is ignored.

Malaysians are using the Selangor Assembly salary hikes, the Jais raid and Penang Chief Minister’s Mercedes-Benz to justify and conclude that PR is no difference from Umno-BN. You have the right to argue that the three issues were wrong, depending on how you judge them and from whose point of view you are hearing and reading from.

There is nothing wrong with the Selangor Assembly salary hike and the Penang Chief Minister’s Mercedes-Benz which I have given my point of views in my earlier two articles here and here. Read the rest of this entry »

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No need for Pakatan Rakyat-controlled states of Penang, Kedah, Kelantan and Selangor to dissolve ahead of Parliament – as 13GE must be held latest by May 25 if there is going to be simultaneous Parliament/State GE

Should the Pakatan Rakyat-controlled states of Penang, Kedah, Kelantan and Selangor dissolve ahead of Parliament if the Prime Minister, Datuk Seri Najib Razak continues to be indecisive despite the automatic dissolution of the Negri Sembilan State Assembly?

There are respective pros and cons but on the balance, I do not think there is any need for the Pakatan Rakyat-controlled states of Penang, Kedah, Kelantan and Selangor to dissolve ahead of Parliament as the 13th General Elections must be held latest by May 25 if there is going to be simultaneous Parliament/State general elections. Read the rest of this entry »

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Selangor skewers Dr M’s record in defending Malay interests

By Ida Lim
The Malaysian Insider
March 13, 2013

KUALA LUMPUR, March 13 ― Selangor Mentri Besar Tan Sri Khalid Ibrahim’s political secretary today slammed Tun Dr Mahathir Mohamad’s for his inconsistent defence of Malay and Bumiputera interests, following the former prime minister’s plea for the group to back Barisan Nasional in Election 2013.

Faekah Husin also defended the state’s Pakatan Rakyat (PR) administration from Dr Mahathir’s recent remarks that the special rights of Malays and the position of Islam will be threatened if the pact retains its hold on Selangor in Election 2013.

“Dr Mahathir is still singing an old song; song of racism and to frighten Malays and to refresh racial clashes, after he planted seeds of hatred towards other races and adherents of other faiths among the people during his 22 years of rule,” she wrote in an open letter to Dr Mahathir dated today.

Faekah pointed to Umno’s alleged abuses when it had been in power in Selangor, saying that the party once led by Dr Mahathir owns hundreds of acres of land in the state that they allegedly only paid a minimum premium of RM100 per acre.

She said that much of these plots of land were sold for hefty profits to private development firms owned by non-Bumiputeras, adding that this pointed to the hypocrisy of Umno. But she was quick to say she was not questioning the non-Bumiputeras’ ownership of land.

“We also found out that during Umno’s rule in Selangor, thousands of acres of Malay Reserve Land in the city were retracted and converted to freehold status,” she said, claiming that the plots of Malay Reserve Land were shifted to those in the rural areas such as Panchang Bedena, Sabak Bernam and Hulu Selangor. Read the rest of this entry »

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Who will be PM?

P Gunasegaram
Malaysiakini
5:50PM Feb 28, 2013

QUESTION TIME On the surface, that seems an easy enough question to answer. Perhaps if Pakatan Rakyat wins, then almost everyone expects Anwar Ibrahim to become prime minister, even though there are minor dissenting voices from among coalition partners, notably PAS.

So why should not Najib Abdul Razak become prime minister if Barisan Nasional wins? Sure he will, for a start but how long he remains prime minister will depend crucially on how well – or badly – BN does at the polls.

As it is there is not a single person I could find who does not think there is some kind of tension between Najib and his deputy, both as Umno head and prime minister, Muhyiddin Yassin. The popular wisdom is that Muhyiddin is poised to take on Najib if BN does not do well enough in the polls.

This column took a look at who is likely to win the polls about a month ago. In the unlikely event that Pakatan wins, Anwar is the clear choice for prime minister.

In the likely event that BN wins, the situation is not very clear-cut. Recall that Abdullah Ahmad Badawi was pressured to step down as Umno head and prime minister even though he was a mere eight seats short of a two-thirds majority in the 2008 elections.

At the federal level it was a victory that would have counted as respectable in most countries except Malaysia, and of course our neighbour down south, Singapore.

The bigger rub was the unprecedented loss of five states in peninsular Malaysia and the popular vote here being just over 50 percent – for the opposition. Unquestionably Sabah and Sarawak saved the day for BN.

Abdullah had to come down from a major victory previously in 2004 when BN won over 90 percent of parliamentary seats and all states but Kelantan. The strong turn against BN in the peninsula was the reason Abdullah had to relent to pressure within his party to go, which he did later in 2008.

That resulted in Najib becoming the longest serving prime minister and Umno head without a direct mandate from the people via elections. But the day of reckoning is near and by June 28 at the latest the die will be cast. Then it will become clear, if BN wins, whether Najib will face pressure to cede the reins of power to Muhyiddin.

At the federal level, the common view, which I share, is that BN will not regain its two-thirds majority but is likely to remain in control via a smaller majority. That is not likely to help Najib’s case any, unless there are mitigating factors, aka the results of the state elections. Read the rest of this entry »

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Umno-BN, stop the lies against Selangor

Abdul Khalid Ibrahim
Malaysiakini
11:20AM Jan 5, 2013

COMMENT

2012 has been a productive year for the Selangor state government, and I along with other state leaders begin 2013 with the firm intent of redoubling our efforts to serve the rakyat.

It is saddening to see the deputy prime minister, on the other hand, begin the new year with low class politicking, stating that the people of Selangor have been fooled for four years under Pakatan Rakyat.

In reality, it is Barisan Nasional that has fooled the people of both Selangor and Malaysia for 55 years.

This article intends not to rely on rhetoric, but to provide conclusive evidence regarding the priority given by Pakatan Rakyat and the Selangor government to the welfare of the people as well as our commitment to the highest standards of good governance.

We are confident that comparable evidence cannot be shown by any state administered by BN, including in Selangor before 2008.

In terms of financial management and allocation of funds for welfare programmes, Selangor under Pakatan Rakyat by far outperforms any other Barisan Nasional state, as well as the federal government itself. Read the rest of this entry »

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BN will recapture all Pakatan states, win two-thirds majority, say Umno leaders

By Clara Chooi
The Malaysian Insider
Dec 01, 2012

KUALA LUMPUR, Dec 1 — Umno is confident of wresting back all four Pakatan Rakyat-led (PR) states and even recapturing its two-thirds parliamentary majority in the coming polls, buoyed by a strong belief that the Najib government’s reformist measures have successfully impressed the Malaysian electorate.

Several leaders told The Malaysian Insider that Umno is now fully prepared to march to the battle lines, having struggled through four years of heavy transformation from the party’s administration to the mindsets of its over three million members.

Emerging fully charged after the second day of the party’s assembly here yesterday, the leaders wasted no breath in declaring that achieving two-thirds is no longer an aspiration for Umno but a comfortable reality.

“Of course,” Umno secretary-general Datuk Seri Tengku Adnan Tengku Mansor said, when asked if the party was confident it would once again occupy two-thirds of Parliament’s 222 seats after the polls.

“I believe that we will win back two-thirds and we will get back at least all the four Pakatan states… including Kelantan and Penang,” he added. Kelantan has been in PAS’s hands since 1990. Read the rest of this entry »

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Umno is ‘rakyat’, not wrong to acquire public land, says Kuang rep

By Zurairi AR
The Malaysian Insider
Nov 21, 2012

SHAH ALAM, Nov 21 — A Selangor assemblyman denied today that Umno had abused its political ties to grab state land meant for the public, as the party represented the people.

All 24 plots of land in Selangor — alleged to have been acquired by Barisan Nasional (BN) component parties and former MIC President Datuk Seri Samy Vellu (picture) while they were in the ruling coalition — were meant for public amenities like multi-purpose halls and kindergartens, said Umno state lawmaker for Kuang, Abdul Shukur Idrus.

“Umno is ‘rakyat’… Umno represents 400,000 ‘rakyat’ in Selangor. (The land plots) were not for an individual. They’re for an organisation with many members.

“Can’t Umno receive land for the use of the people?” he asked, in response to backbenchers from the ruling Pakatan Rakyat (PR) pact in the Selangor legislative assembly who had yesterday accused BN parties of being involved in a land grab when still in power.

The allegation was said to involve 24 plots of public land in seven out of nine districts in the country’s wealthiest state, which were acquired by the branches and divisions of Umno, MCA, MIC and Gerakan between 2000 and 2008. Read the rest of this entry »

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Najib’s announcement of scrapping of Batu Caves condo project if BN wins Selangor desecrates Deepavali as it is not a “triumph of light over darkness” but continued spreading of darkness to prevent the triumph of light

Despite the screaming headlines, “S’gor BN to scrap Batu Caves condo if we win” (Malaysiakini), “Najib promises Indians no Batu Caves condo if BN regains Selangor” (The Malaysian Insider), “PM: We’ll scrap Batu Caves project if we win Selangor” (New Straits Times); “Najib: Return Selangor to Barisan and Batu Caves ground will be safe” (Star) and “PM: Bt Caves development will stop if BN regains S’gor” (Sun), the first reaction of fair-minded, reasonable and patriotic Malaysians is one of distinct unease and discomfort, even feeling of being repelled by an inchoate sense that something is wrong or just not right in what the Prime Minister, Datuk Seri Najib Razak had done.

Why is this so? Why are these people, who want the 29-storey Dolomite Park Avenue condominium project to be scrapped, not welcoming Najib’s announcement with open arms and unqualified support?

This is also my immediate response. In 1980, I had announced a “DAP Save Batu Caves Campaign” to join forces with all conservationist and environmental groups to save the 500 million-year-old Malaysian natural heritage and the religious shrine of 800,000 Hindus in Malaysia by stopping all quarrying activities at Batu Caves.

Having saved Batu Caves once, DAP and Pakatan Rakyat would have no hesitation to spearhead another “Save Batu Caves Campaign” as a result of the MIC/BN approval of the 29-storey condo project in Batu Caves in 2007. Read the rest of this entry »

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Pakatan is doing the right stuff

Jeswan Kaur | October 17, 2012
Free Malaysia Today

With the Auditor-General’s report vouching for Pakatan’s ability to ‘do a good job’, does BN have any other trick up its sleeve to bring the curtains down on its arch rival Pakatan?

COMMENT

Poetic justice – that best sums up the 2011 Auditor-General’s report that has given the opposition Pakatan Rakyat-controlled four states top marks for fiscal management.

The Auditor-General in its report had praised Selangor and Penang for collecting a revenue of RM62.50 million and RM192.19 million respectively.

Both states recorded a surge of 46.8% and 4% respectively as compared to the previous year.

The AG’s report also praised Kedah and Kelantan for their revenue collection but said that the states needed to improve their debt management system.

The DAP-led Penang showed the way in terms of revenue collection, chalking up RM192.19 million or 46.8% increase compared with the RM410.70 million generated in 2010.

Selangor, the country’s richest state, increased its revenue collection by RM62.50 million or 4% for the same period.

A paradoxical scenario indeed for in spite of the vehement attacks by Barisan Nasional on Pakatan’s ability to administer the four states under its fold, the opposition coalition, as revealed by the Auditor-General’s report, has proven its rivals wrong, shutting them up in the most fashionable way through an impressive performance. Read the rest of this entry »

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Water Privatisation, Not ’Piratization’: How It Can work

by Koon Yew Yin

The prolonged conflict involving the Selangor state government, the Federal Government and the privatized company, Syabas, over the management and pricing of water resources may give the impression to Malaysians that there is no way in which any privatized concern and commodity can ever work to the advantage of consumers. This is a wrong impression.

Privatization can work and the screwing up of public interest or ”piratization” can be avoided. Perhaps the most outstanding example of successful privatization in the water sector comes from Penang. How this best practice in privatization was implemented is important for our public and policy makers to learn from. Read the rest of this entry »

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AG report: Top marks to Pakatan states

Syed Jaymal Zahiid | October 15, 2012
Free Malaysia Today

The 2011 Auditor-General’s report showed that apart from a few minor glitches, all four states showed good financial standing.

KUALA LUMPUR: The 2011 Auditor-General’s report indicates good fiscal management by all four Pakatan Rakyat-controlled states with revenues improving.

DAP-held Penang led the way in terms of revenue collection, recording a RM192.19 million or 46.8% increase compared with the RM410.70 million made in 2010 while Selangor, Malaysia’s richest state, increased by RM62.50 million or 4% for the same period.

Kedah, on the other hand, saw its surplus drop when it recorded an increase in operating expenditures despite boosting its revenue, but the report noted that the PAS-led state government had more or less maintained a “satisfactory” balance sheet. Read the rest of this entry »

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Mahal betul harga nak kekalkan BN dan Najib

— Aspan Alias
The Malaysian Insider
Oct 01, 2012

1 OKT — Najib Razak setiap hari keluar berkempen memaki hamun semua parti-parti yang dalam PR dan kerajaan negeri-negeri tadbiran Pakatan Rakyat. Bagi kita yang sudah berumur dan ada sedikit pengalaman berpolitik ini memahami apa yang ada di dalam hati dan sanubari pemimpin utama negara kita itu. Beliau gentar dan resah gelisah.

Cara beliau bercakap bergegar-gegar itu tidak lebih dan tidak kurang menunjukkan yang beliau amat gelisah dengan apa yang berlaku dikalangan rakyat akar umbi. Najib sedang panik dan masih tidak berkeyakinan yang BN akan mendapat mandat kali ini walaupun berbillion-billion ringgit telah dibelanjakan membeli hati dan jiwa rakyat sekalian.

Cara beliau berucap tidak menampakkan yang beliau seorang Perdana Menteri. Mungkin beliau terlupa sekejap yang beliau itu Perdana Menteri kerana selalunya pemimpin utama negara akan bercakap dengan nada yang rendah tapi meyakinkan. Di Pulau Pinang semalam Najib bercakap dengan nada yang begitu tinggi dan nampak jelas beliau terlalu banyak kelemahan yang beliau mahu lindungi dari pandangan rakyat. Beliau mempunyai banyak perkara yang putus yang perlu di sambung dan yang koyak untuk ditampal.

Setiap malam tidak ada orang lain dikaca TV selain dari Najib berkempen melaluinya. Bahan kempennya tidak lain hanya memperlekehkan pentadbiran semua kerajaan negeri-negeri yang ditadbir oleh Pakatan Rakyat. Najib tidak nampak apa kebaikan yang telah dilakukan oleh PR di Pulau Pinang, Selangor dan Kedah serta Kelantan. Najib amat resah dengan pengaruh kerajaan-kerajaan negeri dalam PR kerana kerajaan Pakatan Rakyat melakukan pembersihan segala politik dan ekonomi yang dilakukan oleh kerajaan BN dahulu. Read the rest of this entry »

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The Budget 2013

— Lim Guan Eng
The Malaysian Insider
Sep 30, 2012

SEPT 30 — Even though many goodies where announced during yesterday’s Budget 2013 speech by Prime Minister Najib Tun Razak, this budget has failed the Malaysian people by not addressing three crucial areas which are necessary to guarantee the long term well-being of our country and its people — namely fiscal prudence, economic sustainability and cost of living increases.

Firstly, even though the budget deficit is projected to come down from 4.5 per cent in 2012 to a ‘mere’ 4.0 per cent in 2013, this figure masks the poor track record of the BN government in sticking to its spending plans.

For example, total expenditure for Budget 2012 was announced at RM232.8 billion in last’s year’s budget speech. But in this year’s Economic Report 2012 / 2013, total expenditure for 2012 is projected to total up to RM252.4b.

This is almost RM20b more than the projected expenditure announced last year. We were fortunate that projected revenue is expected to be RM207 billion for 2012, RM20 billion more than the RM186.9 bilion projected revenue announced last year. Without this tax ‘windfall’, our budget deficit would have ballooned up to 6.7 per cent of GDP rather than the projected 4.5 per cent for 2012.

But we cannot expect that actual revenue will continue to exceed projected revenue especially given the slowing global economy. Furthermore revenue from oil related tax revenue is likely to decrease given the change in the dividend policy of Petronas as well as political uncertainty in Southern Sudan which could decrease Petronas’s bottom line by as much as US1 billion. Read the rest of this entry »

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