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Showing posts with label parlimen. Show all posts
Showing posts with label parlimen. Show all posts



Opposition Leader Datuk Seri Anwar Ibrahim said today the RM60 billion stimulus package announced by the government yesterday would not restore the people's confidence. "The biggest weakness of this package is the failure of the government to understand that the issue of the confidence of the people, of the domestic and international investors is central," he told reporters after debating the mini budget at the Dewan Rakyat. He added that promoting accountability should have been a major component in the package.

"The government needs to change their attitude in order to get the people's support, if not this stimulus package will only be seen as an exercise to rescue sick cronies and greedy monopolists, to reward the inefficient," Anwar told the House. He also painted a more gloomy picture of the economy, predicting that the economy would contract by up to five per cent this year. He added that even if the package is implemented, the country's growth would still be in the negative. "The fiscal injection is only RM15 billion where RM10 billion is for 2009 and RM5 billion for 2010. The rest does not involve development expenditure which will help generate growth," said Anwar.

"This means that for the year 2009, the fiscal injection is only RM17.1 billion. RM7.1 from the first stimulus package and RM10 billion for the second stimulus package. Theoretically, it will only contribute 3.2 per cent to the economic growth based on the GDP of RM535 billion in 2008," he added. "I hope the government will revise the package as the amount may be big but the impact will not be huge to the nation's economy," said Anwar. He also accused the government of attempting to bail out certain companies in the stimulus package.

"My concern is the allocation of RM10 billion for capital investment. Will this be used to bail out certain companies? The government had channeled RM7 billion to Valuecap where RM5 billion was borrowed from EPF? What has happened to the investment made by Valuecap?" asked Anwar. He also urged the government to reassess concession agreements with toll operators adding that he believed toll charges would go up after the three by-elections next month.

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All Pakatan Rakyat lawmakers staged a walkabout of the Dewan Rakyat approximately an hour into Finance Minister Datuk Seri Najib Razak's speech when winding-up the debate on the 2009 Budget this evening. Speaking to reporters outside the House while Najib continued with his speech on the federal government's economic stimulation package, Opposition Leader Datuk Seri Anwar Ibrahim said they protested against Najib's "arrogant manner" in prohibiting them from speaking up during his speech.

Anwar added that the Dewan Rakyat Speaker, Tan Sri Pandikar Amin Mulia, had even asked Najib if he would give way for the Opposition leader to rebut his announcements and Najib had stated "no."

"If that is the case, what is the benefit for us to remain inside?" queried Anwar. The top leaders from the PR coalition further accused Najib, who is also the Deputy Prime Minister, of being "dishonest".

"He said the Budget has not been changed, which is untrue. The Budget has been changed," said DAP advisor Lim Kit Siang. "This is misleading the House." Lim said it was an "unfortunate beginning" for Najib, who had just won the Umno presidency uncontested which is likely see him become the prime minister next March when Datuk Seri Abdullah Badawi steps down.

"He is presenting a revised Budget while claiming it is not a revised Budget. He is dishonest," Lim emphasised.Anwar criticised Najib for his "complete disrespect of procedures of the House." He explained that the opposition faction had been waiting for the past two weeks for Najib to appear with a revised Budget proposal.

The Permatang Pauh MP said the opposition were incensed that they were now given only minutes to discuss the new, amended Budget before approval.Asked if the House could approve the Budget now without the opposition inside, Anwar replied: "They don't need two-thirds majority, they only need a simple majority."



KUALA LUMPUR, Nov 4 - All Pakatan Rakyat lawmakers staged a walkabout of the Dewan Rakyat approximately an hour into Finance Minister Datuk Seri Najib Razak's speech when winding-up the debate on the 2009 Budget this evening.

Speaking to reporters outside the House while Najib continued with his speech on the federal government's economic stimulation package, Opposition Leader Datuk Seri Anwar Ibrahim said they protested against Najib's "arrogant manner" in prohibiting them from speaking up during his speech.

Anwar added that the Dewan Rakyat Speaker, Tan Sri Pandikar Amin Mulia, had even asked Najib if he would give way for the Opposition leader to rebut his announcements and Najib had stated "no."

"If that is the case, what is the benefit for us to remain inside?" queried Anwar.

The top leaders from the PR coalition further accused Najib, who is also the Deputy Prime Minister, of being "dishonest".

"He said the Budget has not been changed, which is untrue. The Budget has been changed," said DAP advisor Lim Kit Siang. "This is misleading the House."

Lim said it was an "unfortunate beginning" for Najib, who had just won the Umno presidency uncontested which is likely see him become the prime minister next March when Datuk Seri Abdullah Badawi steps down.

"He is presenting a revised Budget while claiming it is not a revised Budget. He is dishonest," Lim emphasised.

Anwar criticised Najib for his "complete disrespect of procedures of the House." He explained that the opposition faction had been waiting for the past two weeks for Najib to appear with a revised Budget proposal.

The Permatang Pauh MP said the opposition were incensed that they were now given only minutes to discuss the new, amended Budget before approval.

Asked if the House could approve the Budget now without the opposition inside, Anwar replied: "They don't need two-thirds majority, they only need a simple majority."

Dewan Rakyat 16/10/2008

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Opposition leader in Malaysia, Datuk Seri Anwar Ibrahim called on all lawmakers in the Dewan Rakyat to reject the 2009 Budget and press for a new one with its facts and figures revised to reflect the current global economic situation.

"We reject this Budget and urge for an immediate change," Anwar said in the House today. Basically, he was repeating what he said in a press conference yesterday in the House lobby. He noted that the facts and figures listed in the Budget were pre-economic crisis.

"This is the first time in Malaysian history that we are forced to debate a Budget where the facts and figures are known to be far different from those in reality and therefore cannot be debated," he said during the second reading of the Budget.

The Permatang Pauh MP said that the government was in a "state of denial" and its attitude in presenting such a Budget was arrogant and smacked of irresponsibility. He took the Barisan Nasional government to task for not prioritising the rakyat who were burdened with high inflation costs and stagnant levels of income.

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Opposition leader in Malaysia, Datuk Seri Anwar Ibrahim called on all lawmakers in the Dewan Rakyat to reject the 2009 Budget and press for a new one with its facts and figures revised to reflect the current global economic situation.

"We reject this Budget and urge for an immediate change," Anwar said in the House today. Basically, he was repeating what he said in a press conference yesterday in the House lobby. He noted that the facts and figures listed in the Budget were pre-economic crisis.

"This is the first time in Malaysian history that we are forced to debate a Budget where the facts and figures are known to be far different from those in reality and therefore cannot be debated," he said during the second reading of the Budget.

The Permatang Pauh MP said that the government was in a "state of denial" and its attitude in presenting such a Budget was arrogant and smacked of irresponsibility. He took the Barisan Nasional government to task for not prioritising the rakyat who were burdened with high inflation costs and stagnant levels of income.

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KUALA LUMPUR, Oct 14 — Opposition leader Datuk Seri Anwar Ibrahim called on all lawmakers in the Dewan Rakyat to reject the 2009 Budget and press for a new one with its facts and figures revised to reflect the current global economic situation.

"We reject this Budget and urge for an immediate change," Anwar said in the House today. Basically, he was repeating what he said in a press conference yesterday in the House lobby.

He noted that the facts and figures listed in the Budget were pre-economic crisis.

"This is the first time in Malaysian history that we are forced to debate a Budget where the facts and figures are known to be far different from those in reality and therefore cannot be debated," he said during the second reading of the Budget.

The Permatang Pauh MP said that the government was in a "state of denial" and its attitude in presenting such a Budget was arrogant and smacked of irresponsibility.

He took the Barisan Nasional government to task for not prioritising the rakyat who were burdened with high inflation costs and stagnant levels of income.




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KUALA LUMPUR, Oct 13 - Opposition leader Datuk Seri Anwar Ibrahim today urged new Finance Minister Datuk Seri Najib Razak to revise the budget for 2009.

"Is it right to debate an obsolete budget?" he asked Dewan Rakyat, referring to changes in the economic situation in the one-and-a-half months since the budget was first tabled by then finance minister Datuk Seri Abdullah Badawi. "Only those enslaved and insane will support this Budget," he added.

Anwar's speech in the Dewan Rakyat today signalled an opposition effort to turn their attention towards Najib following Prime Minister Datuk Seri Abdullah Badawi's recent announcement of his decision not to contest the Umno presidency which he will likely hand over to Najib next March.

Najib was not in Parliament this morning to listen to Anwar's speech, which appeared to be an attempt to highlight the Barisan Nasional government's possible mismanagement of the economy in light of the global financial crisis.

The newly-elected Permatang Pauh MP urged Najib to gather experts from Bank Negara and from the government's Economic Planning Unit (EPU) to relook the Budget.

"If he does not submit a new budget, then I call on Barisan Nasional MPs to take the initiative to at least call for an amended bill that reflects current figures," he said.

Anwar backed this by saying that the projected 44% of national revenue was based on global oil prices of US$125 a barrel but current prices sit at US$80.

"The government will be forced to issue bonds to cover a shortfall of RM6 billion," he claimed.

He also claimed that in the first half of the year, capital flight amounted to RM125 billion and Najib had, last month, announced just RM31 billion of foreign direct investments.

DAP Parliamentary leader Lim Kit Siang also interjected to ask for proceedings to be adjourned until Najib was present to hear the debate on the budget.

"If the finance minister is not here, the government loses credibility and we will become a laughing stock, he said.

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