Malaysia since 10-20 years has been turned into a subsidy country.
Everything is artificial!
Petrol prices
Flour
Sugar
Rice
Vegetables
Chicken
Competition is not allowed through high import duties, or total refusal to import.
This subsidy craze now is rapidly undermining the country's economy.
Inflation up to 8.5% current government deficit they say 3.5% that totals an inflation of 12%. Still FD is still at 3% (when do you finally wake up Dr Zeti?)
Look at Thailand, they can survive without oil susidy, rice susidy and you name it.
In Malaysia you put up double petrol pumps, what a waste of money.
They allow public servants to moonlight, so with more people selling the same, the current pasar malam sellers will suffer.
(Pasar malam where no one displays any price!)
Than if some parlementarians cycle to the Dewan Rakyat a certain idiot called Nazri calls it childish!
I remember we had a burgomaster in Amsterdam who cycled to the townhall more than 5 km every day up and down, rain or snow! He did this his full term and refused to use the provided car with driver.
High time ALL susidies in Malaysia are abolished and the natural way of competing takes over, not the artificial way we live in now. Yes it keeps exports cheap, but it makes the people suffer time after time if something changes.
|
|
|
Malaysia Plain Blog
RSS 2.0
RSS 1.0
