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 48 Dd Ft 48
News21 hours ago

5yo Girl Dies After Allegedly Being Thrown Into River By Uncle In Johor, Suspect Believed To Have Mental Health Issues

The Royal Malaysia Police (PDRM) arrested a 37-year-old local man after he was suspected of throwing his 5-year-old niece into...

Kyan Ft 72 Kyan Ft 72
News23 hours ago

M’sian Man Arrested For Allegedly Stealing Cables In Ampang, Police Deny Viral Claim Patrol Car ‘Escorting’ Vehicle Involved

A brazen attempt by a group of individuals to steal cables openly in a residential area backfired when a man...

Kyan Ft 71 Kyan Ft 71
News2 days ago

Johor Residents Forced To Live Next To ‘Trash House’ For 3 Years, Foul Odour Spreads Up To 200m

What should have been a peaceful and comfortable residential area has turned into a nightmare for residents along Jalan Permas...

Kyan Ft 70 Kyan Ft 70
News2 days ago

DOSM: Malaysia’s Average Monthly Wages Hit RM3,803 In 2025, Up 4.1%

The average monthly salary and wages of Malaysian citizens increased by 4.1% to RM3,803 in 2025, up from RM3,652 in...

Kyan Ft 69 Kyan Ft 69
News2 days ago

3 Men Arrested For Allegedly Urinating By Johor Highway After Viral Video Sparks Outrage

Police have arrested three men for allegedly committing an obscene act after they were filmed urinating by the side of...

Dd Ft 45 Dd Ft 45
News2 days ago

Frozen Assets Could Complicate RM50 Million Fine Payment For Najib’s House Arrest, His Lawyers Say

Former prime minister Datuk Seri Najib Razak has been granted a conditional pardon by His Majesty Sultan Ibrahim, the 17th...

Dd Ft 44 Dd Ft 44
News5 days ago

Indonesia’s Foreign Affairs Ministry Says No Official Haze Complaints Received From Neighbouring Countries

Fires in Indonesia’s Kalimantan and Sumatra have sent thick haze across parts of neighbouring countries, with air quality reaching unhealthy...

Kyan Ft 68 Kyan Ft 68
News5 days ago

UMNO To Raise Funds For Najib’s RM50 Million Fine Following House Arrest Decision

Following the announcement that former prime minister Datuk Seri Najib Razak will be allowed to serve the remainder of his...

Announcement

Latest Videos



TRENDING TODAY