Is govt breaking e fiscal rules by using borrowings to finance subsidies?

Superfluous remark by ‘non politician’ Minister? Again?

JEBAT MUST DIE

 

But Tan Sri Idris Jala in his presentation yesterday said that there is a risk this country going to bankruptcy “if it spends borrowed money on operational expenditure such as subsidies instead of investing the cash.”

 

Is he implying that there is a dereliction of duties by the Minister of Finance over its fiscal responsibilities?

Is he saying that Malaysia will go bust if Government continues to finance subsidies through borrowings?

Prime Minister Najib Tun Razak and Husni Hanadzlah have a serious issue at hand here. They have a senator in charge of the economic transformation of this country accusing the finance ministry of being irresponsible.