fbpx
Connect with us

Opinion

“Strong in ministers’ pockets?” Tengku Zafrul Criticised For Saying Malaysia’s Financial Position Stable Amidst MCO

Published

page 8
Source: The Edge & eFinancial careers

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

Disclaimer: This piece reflects the compiled opinions of others on the subject matter. It does not reflect the opinions or beliefs of WORLD OF BUZZ.

Yesterday (2 February), Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz announced that that the government’s current financial position is still stable despite the challenges faced by the Covid-19 pandemic and the implementation of the MCO 2.0.

tengku datuk seri zafrul aziz 20200802214357 bloomberg
Source: The Edge

He referred to a report by Fitch Ratings which claimed that Malaysia’s deficit target of 5.4 per cent this year is realistic and achievable. “This is much better as compared to the deficit estimate of 10.3 per cent by the International Monetary Fund (IMF) which will be experienced by emerging market economies,” said the Finance Minister in a statement recorded by Astro Awani.

He also added that the government has successfully given priority to the country’s health sector even though Malaysia’s economic growth is feared to stagnate. “Malaysia’s death toll ratio is 0.4 per cent or at the lowest 5 per cent in terms of worldwide statistics.”

But in spite of these statistics, netizens did not appear to agree with Tengku Zafrul’s statements. In the comment section of the post, Facebook users pointed out all the areas in which citizens desperately required assistance.

“If it really was strong, help the rakyat who are poor that are losing their jobs and livelihoods because they can’t sell their products. Give weekly allowances to the rakyat who are suffering. Help pay for both electricity and Internet bills for online learning immediately.”

“If it is really strong just approve the rakyat’s applications for EPF K2 without so many conditions.”

“Allow citizens to take out RM10,000 from their EPF without conditions. Why are you scared bro?”

Others said that the government’s financial position was only strong because of its ministers’ salaries.

“Of course it’s strong. Ministers earn tens of thousands. They receive regular incomes and now their workload is also low because they don’t have to respond in Parliament. They can take the rakyat’s money as their own.”

“Where is it strong? Strong in the pockets of ministers or the rakyat? My wallet has no money, only dust.”

It seems as though there is a clear disparity between what the government believes and what the rakyat is experiencing. Why is that so? Let us know what you think in the comments. 

 

Also read: “Make an announcement once” Hannah Yeoh Calls Out Govt For ‘U-Turn’ Statements

mcoo

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



Just In

My Post 1 2025 02 19T164953.211 My Post 1 2025 02 19T164953.211
News17 hours ago

10yo Penang Boy in Critical Condition After He Allegedly Choked on ‘Eyeball’ Gummy at School

A schoolboy from Butterworth is currently in critical condition at the Paediatric Intensive Care Unit of the Penang Hospital (HPP)...

collage 63 1 collage 63 1
News17 hours ago

Indian Woman Found Hanging in Apparent Suicide, But Her 4yo’s Drawing Suggests It Was Murder

A 27-year-old woman in Jhansi, Uttar Pradesh, was found dead earlier this week in what was suspected to be a...

collage 1 1 collage 1 1
News17 hours ago

“Might as well make it 100 floors” – M’sians React to Govt’s Plan for 17-Storey School Buildings in KL

Ever imagined a school with more than 10 storeys? What if we tell you that DBKL is considering building a...

collage 62 1 collage 62 1
News18 hours ago

Thai Man Shocked to Find Wife Dead in Car with Alleged Lover After She Was Reported Missing

A man in Thailand reported his 26-year-old wife missing on February 16 after she left home in their SUV and...

collage 79 collage 79
News20 hours ago

“I had to model because I have no govt allocation” – Syed Saddiq Demands Clarity Regarding Funds For Opposition

Syed Saddiq recently revealed the motive behind his temporary modelling career with local actress, Bella Astillah, and yesterday (February 18)...

collage 61 1 collage 61 1
News20 hours ago

PDRM Launches Investigation After Viral Video Shows 4 Officers Forcing Entry Into Man’s Home in Damansara

A recent CCTV clip reshared by MALAYSIAVIRALLL on X has been going viral, showing police officers raiding a man’s house,...

collage 60 1 collage 60 1
News22 hours ago

26yo Part-Time M’sian Teacher Arrested in Japan for Sneaking Into Sports Club & Stealing Credit Cards

According to Berita Harian, a 26-year-old part-time teacher from Malaysia was caught stealing credit cards during a basketball session at a...

My Post 1 2025 02 19T103339.170 My Post 1 2025 02 19T103339.170
News23 hours ago

MPs & NGOs Plead With PMX to Intervene as Malaysian Faces Death Sentence in Singapore Tomorrow

A few Members of Parliaments (MPs) from the government are appealing to Prime Minister, Datuk Seri Anwar Ibrahim, to intervene...

Announcement

Latest Videos



TRENDING TODAY