04 Oct '11, 10am

Pakatan Rakyat Budget 2012 (Part 1 of 10): Snapshots 1. Kesejahteraan Untuk Semua Belanjawan Kesejahteraan 2012

The symptom of the malaise of a trapped Middle Income nation is without a doubt present in Malaysia due to outmoded policies and poor management of the economy that favours a few. Presently, what we are seeing includes (i) the inability of a significant amount of Malaysians to cope with rising cost of living (ii) high unemployment among local graduates although concurrently, employers complain of skills and talent shortages (iii) a subsidy bill that has ballooned 10 times and (iv) both domestic and foreign investments are less than optimal, resulting in Malaysia being the only ASEAN country to experience net FDI outflows.

Full article: http://blog.limkitsiang.com/2011/10/04/pakatan-rakyat-bud...

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