Archive for June 8th, 2010

PM dispels fears of possible bankruptcy

Posted by Kit in Finance, Najib Razak, Parliament on Tuesday, 8 June 2010

Malaysian Insider
By Clara Chooi
June 08, 2010

KUALA LUMPUR, June 8 — Prime Minister Datuk Seri Najib Razak today moved to quell fears raised by a minister that Malaysia would one day go the way of Greece and Iceland and become a bankrupt nation.

In a written response to a question by Lim Kit Siang (DAP-Ipoh Timor) in Parliament, the premier gave an assurance that the government was taking steps to ensure that Malaysia’s debts would be reduced and maintained at a manageable level.

“Malaysia will not face problems like what is happening at present in Greece and Iceland. Read the rest of this entry »

54 Comments

Malaysia’s foreign debt – Parliament Question

Posted by Kit in Finance, Parliament on Tuesday, 8 June 2010

SOALAN:
Lim Kit Siang (Ipoh Timur) minta PERDANA MENTERI menyatakan apakah tindakan yang telah diambil untuk memastikan bahawa Malaysia tidak akan mengikut jejak langkah Iceland dan Greece dan menjadi sebuah negara bankrap yang memerlukan penyelamatan dan masyarakat serantau atau antarabangsa.

JAWAPAN:
Tuan Yang di-Pertua,

  1. Untuk makluman Yang Berhormat, hutang negara adalah hutang luar negara yang terdiri daripada hutang luar jangka sederhana dan panjang bagi Kerajaan Persekutuan, Perusahaan Awam Bukan Kewangan (PABK) dan sektor swasta serta hutang jangka pendek sektor perbankan dan swasta. Peratusan hutang negara kepada Keluaran Dalam Negara Kasar (KDNK) dan tahun 2004 hingga 2009 kekal terurus dengan purata 34.6% dan pecahannya adalah seperti berikut:

    Tahun Peratus hutang negara kepada KDNK
    2004 42.3
    2005 37.8
    2006 32.1
    2007 29.2
    2008 31.9
    2009 34.3

    2. Read the rest of this entry »

13 Comments

Anwar denied right to counsel at panel hearing

Posted by Kit in Anwar Ibrahim, Parliament on Tuesday, 8 June 2010

By Clara Chooi | The Malaysian Insider

KUALA LUMPUR, June 8 — The Parliamentary Rights and Privileges Committee has summarily rejected Datuk Seri Anwar Ibrahim’s application to allow his counsel to attend his hearing on the APCO-Israel issue today.

Committee members Karpal Singh (DAP-Bukit Gelugor) and R. Sivarasa (PKR-Subang) told a press conference in Parliament after the panel concluded its meeting that the decision was made after the votes were taken from the members.

“Anwar Ibrahim (picture) has been denied counsel. He cannot appear with counsel.

“The decision was made whereby I and Subang (Sivarasa) were against it while all four Barisan Nasional committee members were for it.

“The vote was not unanimous,” said Karpal.
Read the rest of this entry »

16 Comments