2012 Budget Not Merely To Give Subsidy But To Reduce Government Borrowing

By Saturday October 22nd, 2011 No Comments

KUALA LUMPUR, Oct 22 Okt (Bernama) — The 2012 Budget is not merely a give away budget as some have suggested, because it is, in fact, aimed at cutting the level of government borrowing, said Prime Minister Datuk Seri Najib Tun Razak.

He said it was a budget that targeted help to those who needed it most, including families with low incomes, schoolchildren and sixth formers and university students, besides the rural areas that should share the nation’s economic strength.

“Fundamentally, though, the Budget is about Malaysia’s future. I announced new opportunities for foreign investment, a big reform in our civil service and new partnerships with the private sector to develop our infrastructure,” he said in the latest entry in his blog, entitled “Sunday Breakfast Conversation”, here Saturday.

On Oct 9, Najib went out for breakfast with his wife, Datin Seri Rosmah Mansor and daughter at Village Park, Uptown Damansara Utama.

He did not do it as some sort of a big media event, but because he wanted to try some popular breakfast eateries in The Klang Valley, and because he wanted to hear the views of people on the ground. “The people I spoke with during that Sunday breakfast said that they were pleased about my Budget plans. But they also wanted to see me follow through on them.”

Najib said he had made it very clear to his office, ministries and agencies implementation was key to the success and harmony for the rakyat.

“Nevertheless, my pledge to people on that Sunday and my pledge to all of you is that while distractions come and go, I am fully focusing on delivering this transformation Malaysia needs,” he said.

The Prime Minister said that when he met the rakyat in such informal settings, he found their concerns often are very different from some of the issues raised in Parliament.

“In there, where the emphasis is on point scoring, the focus can often be on trivial matters that really do not matter so much to people in our towns, cities and kampungs.

“People I meet are clear about what really matters. They are worried about the impact of global economic uncertainty on the cost of living.

“They are working hard to give their children the best start in life and want to know what more they can do to help their kids get along in a world that is changing faster than ever before.

“And while they see our elders live longer and healthier lives, they are also concerned about what burdens that may be placed on them and how they can help their parents live independent and happy lives for as long as possible,” he said.

Najib said it was a pity that these issues were not discussed from these perspectives rather more in parliament, if this was done then people might have a greater respect for politicians.

“But I guess for some politicians, the only way they can operate is to run the country down and focus on whatever issue, no matter how petty, they can find to advance their sectional cause.

“That is their right, of course. In a democracy politicians set out their stalls and the voters make a choice. In any case, I hope the 2012 Budget shows that we were listening to what the rakyat said about the big issues,” he added.

Source : Bernama

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