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Sekiranya anda menyenaraikan blog ...LISTED!!! dan/atau VOICES AROUND di blog anda, tetapi blog anda tidak tersenarai di dalam "Honour List" di bawah ini, mohon tinggalkan mesej di VOICES AROUND


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Wednesday, November 2, 2011

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


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.
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