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Former economy minister Rafizi Ramli has warned that Malaysia can no longer afford to treat the federal budget as an annual exercise in distributing “goodies”, urging the government to embark on radical reforms.
He said the nation had become too accustomed to viewing the budget as a handout-driven exercise rather than a serious plan to strengthen long-term economic fundamentals.
“In the end, the budget boils down to what is being given out and how to pay for it. So I don’t know what other ‘goodies’ can still be offered, he said during KiniTV’s “Explain Sikit, Kini!” podcast.
He said the nation had become too accustomed to viewing the budget as a handout-driven exercise rather than a serious plan to strengthen long-term economic fundamentals.
“In the end, the budget boils down to what is being given out and how to pay for it. So I don’t know what other ‘goodies’ can still be offered, he said during KiniTV’s “Explain Sikit, Kini!” podcast.
- Category
- TV Saluran - TV Channel
- Tags
- Kinitv, Malaysia, politics
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