Even though it was published back to October 2009, I just purchased it recently. This book is an analysis on 2010 budget, which also include 2 additional stimulus packages. It was written by Teh Chi-Chang and published by REFSA.
Courtesy of RESA
Here some ‘interesting’ facts WE should know about our country budget…
1)Total government expenditure rose from RM113.5 billion in 2003, to be expected at RM220 billion in 2009. It is about 8% increase per year, more than our population growth rate.
2)The 2003 proposed deficit was RM14.9 billion, compared to RM56.1 billion for the expected deficit of 2009.
3)How the government expenditure soaring increase?
2003 2008 Development Expenditure (RM Billions) 38.3 45.1 Operating Expenditure (RM Billions) 75.2 151.0
It is due to (a) subsidies, (b) emoluments (civil servants salaries) and (c) supplies & services.
4)RM14 billions is allocated for Prime Minister’s Department in 2009. From this portion, RM500 million is allocated for each Sabah and Sarawak.
5)42% of 2009 Malaysian revenue is contributed by Petronas alone.
I’m not intended to give my opinion on this matter since I don’t have enough understanding on the matter of budget and economics. These facts just randomly picked from the book, just to ignite our curiosity when it comes to the matter of spending TAX PAYER’S MONEY…
well, hate to break it to you.
but isn’t there rumors about First Lady’s jewelery cost millions of RM?
it isn’t included in the book of course. guess you can’t comprehend everything that is written, aite?
Jom terjah…Laman SERP Checker Terbaik
Since it had been published from 2009, so it is not included the recent rumours or economic planning such as ETP and so on.
At least, this book give me some interesting facts about budget eventhough I’m a layman when speaks about economics matter.
boleh belajar macam-macam benda ni dari buku tersebut.
Jom terjah…Berita GSTT terbaru – Govt to absorb temp teachers
lebih dapat duit kalau macam ni.
ohh…kena beli nih.
Jom terjah…Comel Sangat – Berehat.
hoho..kena beli buku nih..kat mana ada jual?
Jom terjah…Komisen ke 5 dari Says.my
try got it at outlet mph.. or popular
Jom terjah…Percaturan Ong Kim Swee menentang chelsea 21 Julai ini
Yup, I bought it from MPH. http://mphonline.com/books/nsearch.aspx?do=detail&pcode=9789834462963
RM 14 billion provided for Prime Minister”s Department..where th heck did they use the money..i’m also curious
Jom terjah…Serverfreak Antara Yang Terbaik
Apart from Sabah & Sarawak, they also involved in 5 other economic corridors such as Iskandar Malaysia etc.