Archive for October 5th, 2021
PM Ismail Sabri should reply to the devastating indictment of the 12th Malaysia Plan by Ramesh Chander and Lim Teck Ghee, two Malaysians who had distinguished themselves in their services with World Bank, when winding-up the parliamentary debate on the 12th Malaysia Plan on Thursday
Posted by Kit in Economics, Ismail Sabri on Tuesday, 5 October 2021
Two Malaysians, Ramesh Chander and Lim Teck Ghee, who had distinguished themselves in their services with the World Bank, have jointly made a devastating indictment of the 12th Malaysia Plan describing it as “Three Steps Backwards”.
Ramesh was formerly Chief Statistician of Malaysia while Teck Ghee was formerly senior official of the United Nations and the World Bank.
They believed that the 12th Malaysia Plan, if implemented as currently presented, is likely to be a “self-inflicted wound” that will “adversely alter the trajectory of the country’s socio-economic growth and heighten the likelihood of Malaysia becoming further entrapped as a middle income economy, with a clear risk of going backwards in Malaysia’s development and prosperity”.
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12th Malaysia Plan: Three Backward Steps
Press Release by Ramesh Chander and Lim Teck Ghee *
The 12th Malaysia Five Year Plan tabled in the Dewan Rakyat by the Prime Minister is replete with claims of its policies and programs being “game changers”, “catalysts for….”, “enablers” ,etc However, our scrutiny of the document together with the speech by Dato Seri Ismail Sabri, leaves us deeply disappointed as we fail to discern specific policies that qualify that description.
We call the attention of the Government, policy makers and other stake players and holders to the following 3 key longstanding stalled issues that necessitate rethinking and an entirely different set of policy initiatives if the Plan is to meet its goals of a high income country with inclusive and sustainable growth. Our concerns are echoed in part by the Leader of the Opposition, Dato Seri Anwar Ibrahim, and a host of other respected commentators.
Light at the end of the tunnel of the over-a-year Covid-19 pandemic getting brighter with 8,075 daily new Covid-19 cases yesterday and 76 (including 15 BID) Covid-19 deaths
The light at the end of the tunnel of the over-a-year Covid-19 pandemic is getting brighter with 8,075 daily new Covid-19 cases yesterday with 76 (including 15 Brought-in-Dead) Covid-19 deaths, although Indonesia reduced its daily new Covid-19 cases to double-digit figures yesterday.
We have had the longest Covid-19 wave in the world since the Sabah state general election last September. Read the rest of this entry »
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