KUALA LUMPUR, March 11 (Bernama) — Several political parties and NGOs said the RM60 billion Second Economic Stimulus Package announced by Deputy Prime Minister and Finance Minister Datuk Seri Najib Tun Razak yesterday meets the needs of the people as voiced by them.
The package is also said to be a ‘Safety Budget’ for those finding it difficult to face the effects of the world global economic slump.
Puteri Umno chief Datuk Noraini Ahmad said the package addressed job opportunities, lightened the people’s burden, helped the private sector and addressed future job opportunities through human resource development.
Gerakan treasurer Datuk Ng Chiang Chin said it was right for the government to review the foreign labour policy.
“But at the same time the government should not forget that many Malaysians who are working in the construction sector in Singapore would return to Malaysia,” said Ng.
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Gerakan president Tan Sri Dr Koh Tsu Koon in a statement said that the plan of giving tax relief for house buyers on interest paid on housing loans up to RM10,000 a year for three years, was similar to the party’s recommendation submitted in a memorandum to the Finance Minister last week.
Its Vice-President Datuk Mah Siew Keong meanwhile said that the challenge now is for the government to deliver the promises and making sure that there was no wastage and leakage in the process of implementation.
Mah said the government must remove all hurdles and move in a cohesive and systematic manner to ensure that all the initiatives announced are promptly implemented.
Meanwhile National Institute of Occupational Safety and Health (Niosh) chairman Tan Sri Lee Lam Thye said the successful implementation the RM60 billion lifeline also calls for the total committment of the public sector to give their best and walk the extra mile to ensure smooth implementation of the package.
InMind CEO Norizan Sharif welcomed the RM29 billion allocation for the private sector that would ensure jobs for many, adding that now the government must ensure the people feel the effects of the package.
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He said with the package various levels of society would benefit through a better government delivery system.
President of the Malaysian Government Pensioners Association, Datuk Wan Mahmood Pawan Teh, welcomed the package as being timely.
“A wise move in the slowdown that the government is generating activities to revive and develop the economy and we welcome the RM10 billion to reduce the people’s burden especially those below the poverty line,” he said.
Source : Bernama