Archive for October 9th, 2011
2012 budget – cornucopia of goodies for votes
Posted by Kit in Budget Debate, Corruption, Finance, Najib Razak on Sunday, 9 October 2011
Prime Minister cum Finance Minister Datuk Seri Najib Razak’s 2012 Budget on Friday was a veritable cornucopia of goodies for votes in the 13th general elections – the most brazen and cynical budget exercise in the nation’s history to reach out for voter support from a whole swathe of targetted groups comprising important vote-banks.
But the inequitable and corrupt system which bred decades of injustice, inequality and exploitation remains completely untouched.
The 2012 Budget is designed to win the next general elections for Najib and not to reform and transform the country’s system, structures and institutions to end the rot which has seen Malaysia losing out in international competitiveness and being overtaken by more and more countries in national, economic and human resource development including in South East Asia. Read the rest of this entry »