While Malaysia is on the brink of recession, a RM10 billion supplementary supply bill will be tabled to supplement Budget 2009 that was tabled last year.
Now, I am not an economist or banker and I certainly do not know if a supplementary supply bill would help the economy. After all, this is a global financial disease and no matter how much funds we pour into the economy, if the world economy doesn't recover in tandem, it will not help much.
Also, I felt that we haven't even seen any results of the first and second economic stimulus packages and in fact, it was admitted that when the second economic stimulus package was announced, the first one hadn't even been utilized yet. Now, what has happened to the money? Why do they need to top up with RM10 billion? Don't you think we need a little bit more transparency?
Now, I am not an economist or banker and I certainly do not know if a supplementary supply bill would help the economy. After all, this is a global financial disease and no matter how much funds we pour into the economy, if the world economy doesn't recover in tandem, it will not help much.
Also, I felt that we haven't even seen any results of the first and second economic stimulus packages and in fact, it was admitted that when the second economic stimulus package was announced, the first one hadn't even been utilized yet. Now, what has happened to the money? Why do they need to top up with RM10 billion? Don't you think we need a little bit more transparency?
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