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

My Post 1 2024 04 25T152151.796 My Post 1 2024 04 25T152151.796
News7 mins ago

US Prof Condemns M’sia for Not Supporting Israel During Talk at UM, Says M’sia is Unsafe After Leaving

An American political scientist from the Portland State University is currently experiencing the wrath of Malaysians. After being invited by...

Collage 8 5 Collage 8 5
News2 hours ago

Tony Fernandes Postpones Retirement & Will Continue Serving as CEO for Another 5 Years!

Under Tony Fernandes’ leadership, AirAsia turned a dream into reality, transforming the travel landscape in Asia. AirAsia is even considered...

Collage 38 Collage 38
News5 hours ago

“Take care of your sisters” – These were Final Words by a Fallen Officer to Her Son Before TLDM Tragedy

If it was up to us, we would want to stay forever with our loved ones. Unfortunately, we can never...

Collage 7 6 Collage 7 6
News23 hours ago

TLDM Tragedy: Deceased Officer Wanted to Take 1 Last Helicopter Ride Before Retiring & Living with Husband

What was meant to be a training ended up in a tragedy that robbed 10 precious lives, leaving many family...

Collage 5 6 Collage 5 6
News24 hours ago

TLDM Tragedy: Daughters of Fallen Officer Share How They Received the News at School, Say Teachers Cried Too

Malaysians are grieving over the unfortunate deaths of 10 officers of the Royal Malaysian Navy (TLDM), especially their family members....

My Post 1 2024 04 24T140215.309 My Post 1 2024 04 24T140215.309
News1 day ago

Immigration Dept Clarifies That Officers CANNOT Reject Passport Renewal Over Failure to Speak BM

Recently, there was an incident where a Malaysian man could not renew his mother’s passport at UTC Pulau Pinang. In...

My Post 3 2024 04 24T123249.249 My Post 3 2024 04 24T123249.249
News1 day ago

Muscleman Assaults Woman at Thai Gym for Rejecting His Advances After He Trained Her for Free

It’s truly heartbreaking to know that there are still many out there who react with violence upon realising their feelings...

Collage 3 6 Collage 3 6
News1 day ago

“Respect the time” – Kedah State Govt Tells Pasar Malam Vendors to Pause Operations During Maghrib Prayer Time

The Kedah state government is taking measures to make sure the prayer time is utilised for the purpose. In a...

Announcement

Latest Videos



TRENDING TODAY