TK Chua: My 11th Malaysia Plan


May 24, 2015

Phnom Penh

TK Chua: My 11th Malaysia Plan

http://www.malaysiakini.com

My question is, are we blind? We can’t see that people are made so often to queue up with pails and bottles for water trucks. We can’t see congestion and massive jams every day. We can’t see dilapidated flats and unhygienic living conditions everywhere. We can’t see half of the working population can’t afford decent housing.  We can’t see our education is not performing. We can’t see that the real income of the people is not growing, what more with more taxes and depreciating ringgit. But the irony is we have to wait for someone to write all these down and for our PM to read them out in the Parliament before we could pretend to know these are the important issues requiring attention. What a load of baloney.  –TK Chua

11th Malaysia Plan2Since the 11th Malaysia Plan was announced by the Prime Minister in Parliament on Thursday, there have been numerous comments and criticisms on the Plan.

Some said the Plan is a mere collection of ‘ideal state’ pronouncements; some said the projects and programmes in the Plan are mainly for the benefits of the cronies; some said it was more of a political statement, not an economic document since there are obvious exclusions which are irrational and illogical; and some have asked where are the money and other resources needed to implement the Plan coming from.

There are probably some truths in all of these criticisms and comments. As for me, the Five Year Development Plan as we know today has lost its lustre when compared with those of the bygone years of the 60s and 70s.

There are reasons for this. First, the world has changed, becoming more globalised, interconnected and unpredictable. Any event could trigger ramifications across the globe, rendering planning assumptions and forecasts useless. What more for a country like Malaysia, an economy that is very open and trade and foreign investment dependent?

Second, as time goes by, many have also become disillusioned with much of the grandeur stuff stated in our past development plans. Many of the objectives are either not achieved or totally hijacked toward attaining something else.

Hence, many marginalised Malaysians could no longer relate to or find meaning or attachment to the Plan any more. They find the opportunities and promises bypassing them. They find their needs denied in one plan after another.

On the contrary, they find the Goods and Services Tax (GST), 1Malaysia Development Berhad (1MDB), the National Feedlot Corporation (NFC), and the Port Klang Free Zone (PKFZ) with all their attendant problems and fiascoes have intruded into their life. Surely the people do not need a development plan to shoulder all the burdens but when it come to benefits, even repeated development plans have brought them only elusive dreams.

I think the best Malaysia Plan we can ever have today is a plan where we can identify changes and react to these changes quickly and robustly. If oil prices have collapsed, what flexibility and options does the government have other than imposing more taxes? If global growth has slowed, what viable alternatives do we have? If the value of ringgit has depreciated precipitously, do we know why and how to handle it going forward?

What reserves and capacity have we got to deal with continued security threats and kidnapping in Sabah and from other terrorist groups? I am aware of Eastern Sabah Security Command (Esscom), but is it effective?  What about the influx of boat people from Myanmar and Bangladesh now? Do we have clear ideas to deal with them?

These are all pertinent issues which will affect the vital interests of Malaysia and its people. But I don’t think we can ever write them out in development plans in concrete or predictable terms before they happen. I do not have to read the 11th Malaysia Plan to know that there are probably programmes and projects for water, electricity, roads, housing, public transport, environment preservation and protection, healthcare and education in it.

Are we blind?

Come and Steal Us again11th Malaysia Plan –What a load of baloney.

But my question is, are we blind? We can’t see that people are made so often to queue up with pails and bottles for water trucks. We can’t see congestion and massive jams every day. We can’t see dilapidated flats and unhygienic living conditions everywhere. We can’t see half of the working population can’t afford decent housing.   We can’t see our education is not performing. We can’t see that the real income of the people is not growing, what more with more taxes and depreciating ringgit.

But the irony is we have to wait for someone to write all these down and for our PM to read them out in the Parliament before we could pretend to know these are the important issues requiring attention. What a load of baloney.

7 thoughts on “TK Chua: My 11th Malaysia Plan

  1. Remember “Comical Ali” (or “Chemical Ali”), the propaganda minister of the
    Saddam Hussein regime of Iraq, and his “all is well” pronouncements even as the
    Americans and their allies were conquering the country?

    Here in 1Malaysia, we have similar optimistic propaganda pronouncements
    that the country will succeed in exceeding economic targets and wiping out
    poverty by 2020 even as the reality is otherwise.

    What is the reality? It is accelerating inflation, a depreciating ringgit, ever
    increasing public sector deficits, massive capital flight, persistent poverty,
    continued outflow of human capital as our highly educated people
    seek work overseas because of stagnating pay coupled with high housing prices, etc

  2. As a small-time economist and a long-time government pensioner, I have found my real income (from my pension, of course) diminishing every year since I retired. Yet the government, its Ministers and Bank Negara tell us that our economy is sound and that there has only been a very small rise in inflation. Rubbish! True, my pension has increased 100% since I retired 30 years ago but my real income has diminished in real value. in fact, more than 100%.. In fact, in terms of real income, I was much better off when my monthly pension was half of what I get now. This is mainly because of the rise in inflation. The following observations are also relevant:

    a. In the old days, when the civil servants had their salaries revised, pensioners got an increase in pension based on the minimum of the new salary scale or fixed salary. This could be 20% or more. Then, several years ago the government changed this. For several years now, pensioners get an annual increase of 2% per annum but they no longer enjoy an increase in pension if there was a salary revision. At the same time, prices of basic daily food items and necessities have been going up by more than 10% annually. [ I just wonder how the Government Pensioners’ Assocation could have agreed to this change];

    b. The PM, the Ministers and top officials do not seem to know that the poor and the pensioners are being fleeced more than .the GST of 6%. This happens because most greedy sundry traders have taken the opportunity to increase the prices of their goods before declaring the prices of the goods to the Customs for the purpose of calculating the GST payable. This means that the poor customers now have to pay more than what was intended. They have to pay the increased price + 6% of the increased price (not 6% of the old price). Even the Customs department do not seem to know this. It is the poor and the pensioners who know how they are being fleeced but cannot do anything about it. I really feel sorry for the poor.

    I am not against the GST. I am merely saying that the timing is not right and that better checks should have been carried out to ensure that there are no abuses by these greedy sundry traders. Chung Tat Lim

  3. Just came back from a sundry shop after having bought 2 bottles of aloe vera drink (@Rm8.00 per bottle; pre-GST price unknown) and 4 packets of 24-lozenges of Strepsils @ Rm8.50 per packet (pre-GST price Rm8.00 per packet). Total paid Rm50.(supposedly inclussive of GST 6%). BUT no receipt issued. This is another way how the greedy traders make extra profit, raking in the GST collected which should go to the Giovernment. How is the Government and the Custooms Department checking and stopping such abuses? Such abuses must be stopped since the tax collected must go to the Givernment for use to benefit the public. Chung Tat Lim.

  4. This is a very thoughtful article. What is the solution, with no competent and clean person in the
    top leadership of UMNO Baru to take over as PM ? (Maybe hire Goh Chok Tong on 5 year contract to be
    the next Malaysian PM and run and turn around the country ? 🙂 After all, I heard that he was born in Kluang 🙂 )

    http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=518051:what-msians-are-saying-give-us-a-worthy-leader-this-nation-will-rise-again&Itemid=2#axzz3b2SNL32m

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