Anwar: Budget 2010 weak
As expected, not everyone is happy with Budget 2010. It must also be made clear that any new budget is not without its flaws.
Opposition Leader Anwar Ibrahim said several problems including global financial issues were addressed in the Budget but it had some fundamental weaknesses.
He said efforts towards cutting the national budget deficit were not clear and the total net foreign direct investment dipped to RM3.6bil from RM19.7bil.
Besides several goodies being offered to the rakyat, there were new burdens, such as the RM50 service tax for each credit card or charge card which would be borne by two million people.
Continuation of old effort
He also voiced concern over the selling of national assets such as prime land in the Federal Territory because the process was not open, and demanded that this be given attention.
PAS vice-president Mahfuz Omar said while the promotion of green technology should be applauded, the government should emphasise on providing more funds for research and development.
Selangor Mentri Besar Khalid Ibrahim believed that the Budget was announced is an continuation of an old effort and it still did not answer how it would shift the country from an agriculture-based economy to a service economy - Agencies.
Opposition Leader Anwar Ibrahim said several problems including global financial issues were addressed in the Budget but it had some fundamental weaknesses.
He said efforts towards cutting the national budget deficit were not clear and the total net foreign direct investment dipped to RM3.6bil from RM19.7bil.
Besides several goodies being offered to the rakyat, there were new burdens, such as the RM50 service tax for each credit card or charge card which would be borne by two million people.
Continuation of old effort
He also voiced concern over the selling of national assets such as prime land in the Federal Territory because the process was not open, and demanded that this be given attention.
PAS vice-president Mahfuz Omar said while the promotion of green technology should be applauded, the government should emphasise on providing more funds for research and development.
Selangor Mentri Besar Khalid Ibrahim believed that the Budget was announced is an continuation of an old effort and it still did not answer how it would shift the country from an agriculture-based economy to a service economy - Agencies.
