KUALA LUMPUR, Oct 8 — Putrajaya’s ambitious RM372.3 billion proposal for Budget 2023 has made politicians from both Umno and the Opposition sit up and question how it will foot the bill if the dividend from main contributor Petronas falls below the expected RM35 billion next year.
Opposition MP Fahmi Fadzil told the Singapore daily that he was concerned about the sustainability of the Malaysian government’s spending on subsidies, particularly for food and cooking oil, noting that they have risen exceptionally in the past few years. “You can tell this is an election budget from the amount of goodies they have given away,” he was quoted as saying.
100 billion short, huge sum. Still no action taken against inflated projects, leakages. Just this 2 should be more than enough to compensate, wastage not included.
Plug the leakages, supposed to be around 60b anually. So far, no concrete steps taken. Good recent example, 10+ m tax write off for Jibby's daughter. Turtle egg, why?