MALAYSIAN 2013 BUDGET INCENTIVES TO CRONIES?

KUALA LUMPUR, Malaysia -  Opposition leader Datuk Seri Anwar Ibrahim accuses the Budget 2013 as not prioritising the rakyat but it emphasises more on incentives to cronies and the upper class.

Anwar reportedly said in Keadilan Daily that the incentive for Tun Razak Exchange (TRX) as a financial incentive to the rich.

 
“It doesn’t touch on IPP (Independent Power Producers). The sugar price is mentioned but not the sugar monopoly,” Anwar was quoted as saying.

• He also criticised the lack of new things for the people in middle-class income range such as the My First Housing scheme.

• Anwar said the National Housing Corporation should prioritise the people and not becoming a profit-oriented organisation saying it should be able to generate projects which can meet the needs of the people.

Pas deputy president Mohamad Sabu (photo below) said no matter how good the budget is, it will not mean anything if its implementation is filled with frauds and running at RM28 billion losses per year.

In a news report by Harakah Daily Mohamad or better known as Mat Sabu was quoted as saying: “Even if Najib has the ability to present a good budget, it is not useful for the people when the Auditor-General has revealed that the country is losing RM28 billion per year due to mismanagements by the Barisan Nasional government.”

Mohamad believed what is worse than vote-buying is mismanagement on implementations of what has been presented in the budget.

Source: MyMole, The Star