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

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.”

920346

“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

Source: The Edge

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



Just In

My Post 1 2025 12 30T163254.368 My Post 1 2025 12 30T163254.368
News12 hours ago

MISSING: 71yo Man With Amnesia in Penang Disappears After Visiting Coffee Shop Without His Phone

A 71-year-old man who suffers from amnesia has gone missing in Seberang Perai Utara, Penang, after leaving his home alone...

My Post 1 2025 12 30T160538.286 My Post 1 2025 12 30T160538.286
News12 hours ago

PDRM: Nilai Explosion Not Linked to Extremism or Criminal Groups, Suspect Currently Hospitalised

Previously, it was reported that a bomb exploded in the parking lot of a commercial area in Nilai, Negeri Sembilan,...

Dd FT 97 Dd FT 97
News15 hours ago

Deja Vu in Melaka as Another Trailer Goes Viral for Damaging an Illegally Parked Car at Ayer Keroh RnR

On Sunday (28 December), an incident went viral after several illegally parked cars at an RnR stop in Ayer Keroh,...

Dd FT 96 Dd FT 96
News17 hours ago

“This country is special” – Indian Actor Vijay Commends Malaysia for Preserving Tamil Language & Culture

Popular South Indian actor Joseph Vijay Chandrasekhar, affectionately known as Vijay, stated Malaysia’s multicultural makeup and long-standing Tamil community have...

collage 84 collage 84
News18 hours ago

“Hot weather, financial burden” – MOE Says Students No Longer Required to Wear Neckties from 2026

In line with Malaysia’s hot and humid climate, the Ministry of Education (MOE) has announced that neckties are no longer...

My Post 1 2025 12 30T104025.295 My Post 1 2025 12 30T104025.295
News18 hours ago

MACC Investigates Former Minister Over Alleged RM5 Million & Lamborghini Bribes

A former Minister, who had served in the Cabinet before the COVID-19 pandemic, has provided a statement to the Malaysian...

feat image pn feat image pn
News20 hours ago

JUST IN: Ex-PM Muhyiddin Yassin Resigns as Perikatan Nasional Chairman

Former Prime Minister Tan Sri Muhyiddin Yassin has tendered his resignation as Perikatan Nasional (PN) chairman, effective 1 January 2026....

Dd FT 94 Dd FT 94
News2 days ago

Singaporean Man Assaults Ex-GF for Talking with Male Friend Before Attempting to Run the Man Over

A man in Singapore was recently found guilty of four charges, including voluntarily causing hurt, after beating a woman to...

Announcement

Latest Videos



TRENDING TODAY