Less than 9% of the RM7 billion stimulus package has been implemented to-date.
Despite the amount of crowing made about Pemudah and ketelusan procedures on the delivery system that Malaysians have been treated to long before this, at a time when the country's leaders were still in a state of denial about the economy, the admission by the Second Finance Minister is that the stimulus package is being stymied by a poor delivery system is indeed very ironic.
Red tape appears to be the most significant challenge for the government in trying to help give the Malaysian economy some breathing space in the face of a global recession.
Second Finance Minister told Parliament today that just RM567.9 million of the RM7 billion had been spent so far.
Politicians who cannot exhort the Civil Service and energise them into a state of urgency do not meet the basic criteria of leadership.
What Malaysia needs right now is the economic equivalent of the wartime Winston Churchill. Is there a Churchillian figure in the Malaysian Cabinet? Is there one outside of it?
We need one. Right away. Can we order one up? Maybe we can check in eBay?
5 comments:
With the Global Financial Meltdown, NO Country or Government can understand & appreciate the "Actual Impact" to the "Nation" & its "People" until they get hit "Hard" like "Iceland."
With the Financial Tsunami meltdown, there must be “Political stability, Relevant, Responsible and correct Citizen’s Charter drawnup, National and Citizens’ Safety/Security guarantee and “Structured” contingency plans to be able to safely “Ride out” the “Impending Global Financial Disaster.”
- Global Financial War of Mass Destruction
Even in Singapore the “True Leaders” are involved in the “Bigger Vision” for the Nation’s International Political, Security, Economic, R & D, Manufacturing, etc Policy and Standing -
- The DBS, MAS and Termasek together have financial “Reserves” of more than 600 Billion Singapore Dollars.
- For a small nation, they have acknowledged, deliberated, identified and mobilized a “Structured and Dynamic” contingency financial plan to mitigate this financial meltdown
- with an initial package of 20.5 Billion Singapore Dollars and they are “Rock Solid” with their cash reserves.
- Anyone involved in “Graft, Corruption, etc” would rather “Self-Destruct” than have to face the Senior PM and their peers.
This Bolehland has a “Long” way to go with their “Blatant Denial” even at this eleventh hour, to be able to catch up!
- Things are brewing HOT with a “FULL BLOWN CONSTITUTIONAL CRISIS” in Perak & UMNO/BN is still in “Denial” even at this 11th hour of our nation’s “Political & Financial Tsunami”...
- Democracy vs “Gutter Politics” & Rule of Law vs “Law of the Jungle!”
- PM & Finance Minister/PM wannabe are still....
- "Quarreling with PR & Anak Bangsa Malaysia with POLITICS JAGUH KAMPONG ala KINDERGARTEN style & still playing with Marbles" when all the other nation's Presidents, PM & FM are playing "Chess."
Desperate People, at Desperate Times, will RESORT to Desperate Henious Actions even if it means “Destroying” their “Honourable Family Legacy”, their own “MALAY MUSLIM HADHARI” party “UMNO” beyond “Redemption”, their Own Kind, this country & its Many People !
Every new day will be another “New Revelation” to reveal the “Truth” in its Self Destruct motion towards its “Demise”.
Just give them enough rope to “Hang” themselves at every turn in their “Final” chapter.
Through “Devine” intervention, UMNO, its Leaders & their Lapdogs are now “Outdoing & Destroying” each other with their “Power, Greed & Henious Crimes” - the “Opressors” will “FAIL” & God Almighty will ensure “Justice” will be done.
An "Insult" to the "Malays, Islam & this nation....watched by millions the "Whole World" over!
May God bless and protect this nation and its rakyat.
nice to be here
we have Zaid Ibrahim, Tengku Razaleigh, DSAI and LGE/LKS who can lead the pack.
Yr goodself, analyst at large, tony pua, jeff ooi, din merican, sakmongkol will make a good economic think tank as support :-)
Politik harus stabil dan kepercayaan rakyat harus dikembalikan.
63 years of collaboration between UMNO and the civil service since 1946, has degenerated into an incestuous relationship. The habits of corruption between cannot be undone within a few months for recovery to be effected. The nation will crash and crash hard.
Only after UMNO has been consigned to the dustbin of history, can Malaysians pick up the pieces to rebuild. We will need to start by taking a chainsaw through the bureaucracy to clean out the deadwood.
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