MALAYSIA–Parliamentary Approval for 2016 People’s Budget


November 17, 2015

COMMENT: The fight for change continues. The much anticipateddin-merican-and-dr-kamsiah1 move to reject Malaysia’s 2016 Budget did not materialise since the Opposition failed to garner biparisan support to defeat it. 128 votes in favour of it were convincing enough and our country is spared a fiscal crisis. It is  relief that our government can continue to function with money approved for its programmes in 2016.

While I have been critical of the Prime Minister’s misdemeanors, especially the USD 700 million that went into his personal bank, his lack of transparency and accountability on 1MDB, and his lavish spending ways, I am never comfortable at the prospect of our public administration and security services (defense and police) grinding to a halt at a time of global terrorism just because a disgruntled opposition is trying to use us Malaysians as pawns in their desire to cause the collapse of an elected government.

My message to our Prime Minister cum Finance Minister is that he must be be prudent and smart in spending our taxes. May I also remind him that every tax dollar spent must produce a satisfactory rate of return which is equal to the cost of our sovereign debt. Otherwise, we as citizens will be burdened with  more taxes. That is Fiscal 101 and pure common sense.

Confidence in our Prime Minister’s leadership may not return any time soon. However, if he comes clean on the 1MDB financial scandal, ceases using draconian laws against his critics and stops playing race and religion for his political ends by pandering to racist pressure  groups and religious extremists within and outside UMNO, there is a possibility for the ringgit to bounce back and for much-needed capital inflows to return. –Din Merican

MALAYSIA–Parliamentary Approval for 2016 People’s Budget

by Arfa Yunus

http://www.freemalaysiatoday.com

MOF Najib Razak

Prime Minister Najib Razak may still have the support of Barisan Nasional (BN) lawmakers, evident from the success of the vote on Budget 2016 last night, says UMNO veteran Tengku Razaleigh Hamzah.

He said he himself, voted for Budget 2016 to go through despite talks of him being part of a movement to bring Najib down.Tengku Razaleigh, speaking to reporters at the Parliament lobby here today, said that he had voted in favour of the Budget as he “believed in the government’s plan for the year.”

He, however, was coy when asked if his vote meant that he also supported Najib as the nation’s Prime Minister.“No, that means we support the government programme for the (next) year (as) it was presented by the Minister of Finance, who is also the Prime Minister,” said the Gua Musang Member of Parliament.

“Why these questions? You decide for yourself ok,” he added, refusing to comment further. The UMNO veteran has been linked to a group allegedly led by former Prime Minister Dr Mahathir Mohamad, who aims to have Najib removed from his top post.

Budget 2016 passed the policy stage last night after successfully garnering 128 votes. All BN legislators present, including former Deputy Prime Minister Muhyiddin Yassin voted in favour of it.

This came as a surprise to most as both Razaleigh and Muhyiddin were rumoured to be on the list of seven UMNO leaders currently under the party’s watch for openly criticising Najib.

7 thoughts on “MALAYSIA–Parliamentary Approval for 2016 People’s Budget

  1. “…… All BN legislators present, including former Deputy Prime Minister Muhyiddin Yassin voted in favour of it.
    This came as a surprise to most as both Razaleigh and Muhyiddin were rumoured to be on the list of seven UMNO leaders currently under the party’s watch for openly criticising Najib.”——-@ Arfa Yunus.

    That’s Typical UMNO rock-solid unity which has never been shaken apart completely despite all the reported internal rumblings. Despite the apparent signs of disloyalty by the few towards the leadership, the LOYALTY TO THE PARTY IS NEVER COMPROMISED.
    Apparently 4 PAS MP’s voted against and the rest abstained with Hadi absenting himself – betul ke??? He…heee…….

  2. Quote:- “……..if he comes clean on the 1MDB financial scandal……”

    LOL

    If he comes clean, he is going to a dirty jail for a long long time.

    He may be corrupt but not stupid.

  3. “However, if he comes clean on the 1MDB financial scandal, ceases using draconian laws against his critics and stops playing race and religion for his political ends by pandering to racist pressure groups and religious extremists within and outside UMNO, there is a possibility for the ringgit to bounce back and for much-needed capital inflows to return.” – Din Merican

    And so, we continue to yearn for an alternative reality in Malaysia.

    Still I suppose, if the Filipinos can survive the Marcos kleptocracy and the lemon of an Estrada presidency, and come up with competent leaders like Ramos, Macapagal-Arroyo and Aquino III, there must be hope for us yet.

    To qualify, Arroyo’s legacy is rather mixed but it must be recognized it was her administration that successfully neutralized the MNLF and rendered Nur Misuari useless. It was also during Arroyo’s presidency that the terrorist activities of MNLF’s spinoffs — Abu Sayyaf and MILF were largely contained. Abu Sayyaf has since resorted to kidnapping folks in Sabah in order to make the news. MILF, to those unfamiliar with the Philippines, sounds more like a seedy adult entertainment club in Makati rather than a terrorist group.
    The largely peaceful years post-Arroyo must surely have contributed to the progress and economic expansion in the Philippines under the Aquino III administration.

  4. Tunku Razaleigh is a snake. The least we expected of him is to abstain from voting. I have always said this TR cannot be trusted. All his talk is nothing but a big game and that is how he survived the last 5 elections as MP to earn. Nothing to appreciate anymore out of his big talks at rotary clubs and other seminars.

    If he was gentleman enough, he should have been like Musa Hitam who completely resigned from political scene. He still garners respect form public for his principals.

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