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

Dd Ft 41 Dd Ft 41
News8 hours ago

Enraged at Being Honked at, 43yo M’sian Slashes Motorcyclist with Meat Cleaver in Shah Alam & Gets Arrested

The Royal Malaysia Police (PDRM) received an emergency call after a 45-year-old motorcyclist was slashed with a meat cleaver by...

Dd Ft 40 Dd Ft 40
News2 days ago

DBKL Refutes Viral Claims That Its Officers Received ‘Bribe’ from ‘Foreign’ Hawker to Return Seized Items

The Kuala Lumpur City Hall (DBKL) has dismissed viral claims that its enforcement officers accepted “bribes” from a “foreign” hawker...

Dd Ft 38 Dd Ft 38
News3 days ago

Klang Hospital Says Action Taken After Viral Video of Birds in Ward Eating Patients’ Food & Leaving Droppings

A video has since gone viral showing several pigeons and crows roaming around a hospital ward, believed to be in...

Collage 8 Collage 8
News3 days ago

Too Big for Orange Lock-Up Uniform, 29yo Pickup Truck Driver in Penang Rampage Wears Own Clothes to Court

A 29-year-old local man arrested yesterday (8 June) for dangerous driving of an orange Mitsubishi Triton pickup truck under the...

Collage 7 Collage 7
News3 days ago

KLIA Officers Thwart Wildlife Smuggling Attempt, Rescue 6 Live Gibbons Stuffed in Luggage

A swift and coordinated response by the airport community at Kuala Lumpur International Airport (KLIA) Terminal 1 has successfully thwarted...

Dd Ft 37 Dd Ft 37
News3 days ago

Pickup Truck Driver in Viral Penang Rampage Found with Drugs & Has 17 Criminal Records, Remanded 4 Days

A Malaysian man was apprehended by members of the public on the Butterworth-Kulim Expressway (BKE) near a petrol station in...

Feat Image Tsunamiwarning Feat Image Tsunamiwarning
News4 days ago

JUST IN: MET Malaysia Issues Tsunami Advisory for Sabah After 7.9-Magnitude Earthquake Hits the Philippines

The Malaysian Meteorological Department (MET Malaysia) has issued a tsunami advisory for Sabah following a strong earthquake that hit Mindanao...

Dd Ft 31 Dd Ft 31
News1 week ago

PDRM Finds No Criminal Elements in Viral Case of Alleged Sexual Assault of Woman in Melaka Mosque Mortuary

A social media post claiming that a woman was sexually assaulted in a mosque mortuary room has gone viral, with...

Announcement

Latest Videos



TRENDING TODAY