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Sunday, August 25, 2019

Tag: Budget 2019

No transparency on RM100 mil for Indians, charges Ramasamy

The DAP leader wants P Waytha Moorthy to be transparent about how the money allocated by the government has been spent to help the Indian community.

75,352 pensioners to receive RM500 special payment

Public Service Department says it is for pensioners receiving pensions of less than RM1,000 a month.

No urgent need to review budget, says Dr M

The prime minister says oil prices fluctuate by nature.

Putrajaya to use old BR1M recipients list for renamed cash handout...

It will take too long to remove unqualified recipients, says Finance Minister Lim Guan Eng.

Govt will review Budget 2019 if oil price dips below US$50,...

The finance minister says there is no need to recalibrate the budget now as Putrajaya looks at the average crude oil prices and not daily prices.

Sabah MCA: The economy is in trouble, PH has failed

Sabah MCA Wanita chief Dr Pamela Yong says the ringgit has weakened and the price of oil, on which Budget 2019 revenue significantly rested, has plummeted.

Mexican president promises surplus in 2019 budget proposal

Lopez Obrador proposed a primary surplus of 1% of gross domestic product for next year and his administration expects this year’s surplus to be about 0.8%

Property market: Mildly positive and ‘less painful’

With Budget 2019 being described by property developer Henry Butcher as 'mildly positive', what does this imply about the country's property market?

MCA slams govt over removal of funds for Chinese traders

Wee Ka Siong says Putrajaya should not cancel allocations for Chinese SMEs and microcredit for Chinese hawkers and petty traders.

Why the drastic cut in allocations for farmers, fishermen, asks PH...

Pasir Gudang MP Hassan Abdul Karim says the onus is on the agriculture minister to protect the interest of farmers and fishermen.

PH’s budgeting does away with last-minute spending, Dewan Rakyat told

Lim Guan Eng says as the government employs a zero-based budget, there is no need to wait till the end of the year to finish the allocations.

Even PH politicians complained about budget cuts, says Najib

The former prime minister heaps scorn on the finance ministry's denial that it failed to prioritise allocations for rural development in Budget 2019.

Think tank calls for sacrifices to reduce reliance on oil

As petroleum prices slide, Ideas recommends a review of subsidies among measures to sustain the Malaysian economy.

Economists see no need for budget review yet despite drop in...

However, Yeah Kim Leng and Barjoyai Bardai say the government must have in place mitigation measures which can be speedily implemented if the price of oil drops further.

Khairy urges Umno MPs to ‘incite’ those left out of Budget...

The Rembau MP says the MPs should step up their game, meet the downtrodden and fight for them.

Why are farmers, fishermen left out of Budget 2019, MP asks

Jempol MP Mohd Salim Mohd Sharif accuses Pakatan Harapan of neglecting those in rural areas.

Not so easy to enforce, collect digital tax, says expert

The executive director of Deloitte Malaysia says there needs to be clarity on how the government intends to collect the proposed digital tax from 2020.

Johari Abdul shocked at 50% cut in farmers’ subsidies

Sungai Petani MP says padi farmers will be further burdened and urges government to reconsider.

‘New Putrajaya’ still condescending to Sabah and Sarawak, says activist

People in the two states won't have their intelligence insulted, says Zainnal Ajamain.

Shafie presents surplus budget for Sabah

The Sabah chief minister also calls for cooperation to explore new sources of revenue for the state.

Najib slams Putrajaya over reduced funds for agriculture, rural folk

The former prime minister says a closer look at Budget 2019 reveals big cuts to allocations for rural folk and the agriculture and plantation sectors.

Budget cuts may lead to fewer scholarships next year, warns Najib

The former prime minister also hits out at activists for not speaking up on the reduced allocation for education.

Budget 2019: A balancing act for new govt

Putrajaya needs to balance between safeguarding growth, sustaining private sector confidence and promoting fiscal responsibility among others.

Recognition of native rights more important than survey, says Baru

The works minister responds to criticisms that the Pakatan Harapan government has failed to allocate funds for a survey to be carried out on NCR land.