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

Pokemonft 1 Pokemonft 1
News12 hours ago

Singapore to Crack Down on Trading Cards, Govt Says They’re Similar to ‘Gambling’ & Blind Boxes

Singapore is getting ready to regulate trading card packs due to them being seen as part of the wider “blind...

My Post 1 2026 02 27T140128.749 My Post 1 2026 02 27T140128.749
News1 day ago

64yo Perak Eatery Owner Pleads for Minimum Sentence After Killing Stray Dog with Firecracker, Fined RM2k

A restaurant owner was fined RM2,000 by the Batu Gajah Magistrate’s Court today (27 February) after pleading guilty to committing...

Collage 6 2 Collage 6 2
News1 day ago

An Influential M’sian Figure & Foreign Media are Allegedly Plotting to Overthrow Govt, PDRM Reveals

The Royal Malaysia Police (PDRM) confirmed today (27 February) that an influential figure is allegedly attempting a coup d’état. Inspector-General...

My Post 1 2026 02 26T153109.362 My Post 1 2026 02 26T153109.362
News2 days ago

“We support dakwah” – Hannah Yeoh Says DBKL Only Seized ‘Street Dakwah’ Tent After Public Complaint

The enforcement action conducted by Kuala Lumpur City Hall (DBKL) against a ‘Street Dakwah’ stall in Bukit Bintang, where a...

Collage 70 Collage 70
News2 days ago

28yo M’sian Arrested in Singapore as Over 1,000 Packs of Contraband Cigarettes Found Hidden in Car

Officers from the Singapore Immigration & Checkpoints Authority (ICA) have detained a Malaysian man who attempted to smuggle a large...

Dd Ft 29 Dd Ft 29
News3 days ago

Court Overturns RM5,500 Fine for Vellfire Driver Who Assaulted Elderly Man, Sentenced to 4 Months’ Jail Instead

A 52-year-old businessman was hit with a RM5,500 fine by the Magistrate’s Court after pleading guilty to two charges of...

Collage 68 Collage 68
News3 days ago

“Dr Sam for Malaysia” – PAS Youth Names T’ganu MB as PM Candidate, Says State Prospered Under Him

With the 16th General Election (GE16) expected to be approximately two years away, the Malaysian Islamic Party (PAS) Youth wing...

Collage 66 Collage 66
News4 days ago

No Respite for Commuters as LRT Kelana Jaya Line Suffers ANOTHER Disruption After Morning Delay

The LRT Kelana Jaya line faced yet another service delay this evening (24 February), just hours after commuters were disrupted...

Announcement

Latest Videos



TRENDING TODAY