fbpx
Connect with us

News

Malaysia’s Financial Health is So Atrocious, Guan Eng Has LOTS Of Work to Do

Published

Malaysia'S Financial Health Is So Atrocious, Guan Eng Has Lots Of Work To Do - World Of Buzz
Source: The Mole

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

A new finance minister has been appointed and it is now his duty to ensure that our economy is in good shape. But it also means he has to undo all the mistakes and fraud that were carried out by the previous finance minister. You know who we’re talking about…

Appointed Finance Minister, Lim Guan Eng, implied that he had made certain unspecified discoveries after he went through Malaysia’s finances. He said as a result, he had a Herculean task awaiting him in Putrajaya, according to Free Malaysia Today.

Lim added that he had been debriefed by scores of government officers under the finance ministry agencies over the past few days, and has concluded that he has to “work hard” to resolve many issues.

 - World Of Buzz

Source: my news hub

“I wanted to see the real account statements (penyata akaun) of the country. And what I see (he shakes head)… I have to work very hard,” Lim said during a Penang Pakatan Harapan victory speech at the Esplanade grounds.

Some matters (perkara), which we thought never existed, exist. I can’t tell you all tonight what it is, but what is for sure is I will work hard to restore the financial health of the country.”

Earlier, a hypermarket boss claimed that sales had declined because “people did not have the money”. This caused Lim to raise serious concerns over the economy, especially over the spending power of Malaysians.

This was evident in the hypermarket Mydin, where the boss, Ameer Ali Mydin, said in an interview that basic items that used to be cheap had gone up in price.

Mydin Mohamed Holdings Managing Director Ameer Ali Mydin

Source: kini biz

Ameer said based on Mydin’s internal data, prices of goods had risen by 14% to 15%, affecting the spending power of Malaysians.

Barisan Nasional had responded by saying that the conclusion was unfair as Malaysians had diverted from hypermarkets and opted for smaller chain grocery outlets like 99Speedmart and Jaya Grocer.

Let’s hope that once Lim Guan Eng is officially appointed as Finance Minister, he will be able to restore the country’s economy. We believe in you, Guan Eng!

 

Also read: Lim Guan Eng: “I’m sorry, I don’t consider myself Chinese. I’m Malaysian”

 - World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Feat Image Death Feat Image Death
News8 hours ago

18yo Teen in Penang Dies from Electrocution While Charging His Smartphone Using Socket on Express Bus

A teenager has tragically died in Butterworth, Penang, after he was electrocuted while charging his smartphone using a socket onboard...

Feat Image Twin Tower Feat Image Twin Tower
News11 hours ago

M’sian Activist Urges KLCC Twin Towers be Renamed “Sabah & Sarawak” in Honour of The Borneo States

Malaysian activist and founder of Saya Anak Sarawak (SAS) Peter John Jaban has urged for the KLCC Twin Towers to...

Collage 13 Collage 13
News11 hours ago

“They’ve been here over 3 months” – Foreign Beggars at Johor Pasar Malam Make up to RM12,000 a Month

Foreign beggars are making up to RM12,000 a month at a night market in Johor. In an official statement by...

Feat Image Parking Fine Feat Image Parking Fine
News13 hours ago

M’sian Vehicle Owners with Unpaid Parking Fines Face CTOS Blacklist as They’re Now Added to The System

The Miri City Council (MCC) has introduced a new measure to ensure that vehicle owners in Sarawak’s second-largest city adhere...

Feat Image Arrest Feat Image Arrest
News13 hours ago

Thai Police Arrests Famous Kelantanese Female Celebrity at Golok Hotel for Possession of 6,000 Meth Pills

A popular Kelantanese female singer was arrested by the Thai Police at a hotel in Golok, Narathiwat, north of the...

Collage 12 Collage 12
News16 hours ago

Kelantan Govt Says Cinemas in the State Must Play Movies With Lights On to Prevent ‘Unhealthy’ Activities

After a few decades, Kelantan remains one of the states in Malaysia that don’t have cinemas. The state government, however,...

Feat Image Indo Ban Pixel Feat Image Indo Ban Pixel
News1 day ago

“Who’s next?” – After Apple iPhone 16 Series, Indonesia is Now Banning Google Pixel Smartphones in The Country

Previously, we shared how Apple’s latest flagship smartphone series, the iPhone 16 Series, is currently banned from being sold in...

Feat Image Bnm New Rule Feat Image Bnm New Rule
News2 days ago

Bank Negara Now Requires All Money Changers in Malaysia to Record Full Name & IC Number of Customers

If you’re planning on visiting your local authorised money changer before that overseas trip to change Malaysian Ringgit banknotes to...

Announcement

Latest Videos



TRENDING TODAY