BN dan PR: Nyatakan langkah-langkah untuk memperbaiki kewangan dan hutang negara
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- Category: debt
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..selari dengan kepentingan awam dan sebagai langkah pertama untuk mendemokrasikan pengurusan kewangan kerajaan, kami menyeru agar Barisan Nasional dan Pakatan Rakyat, selaku pesaing-pesaing utama di dalam pilihanraya umum Malaysia yang ke-13, supaya menyatakan secara terperinci langkah polisi masing-masing untuk memantapkan pengurusan kewangan dan hutang negara.
Read more: BN dan PR: Nyatakan langkah-langkah untuk memperbaiki kewangan dan hutang negara
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There has been no sign of the debt accumulation reducing or levelling out since the East Asian economic crisis of 1997 but it instead shifted into higher gear from 2008, the year BN lost its two-thirds parliamentary majority.
The Malaysian government's contingent liabilities are not fully known but are growing. It is important to take action to reduce the use of contingent liabilities before they reach a dangerous level and overwhelm the country’s fiscal capacity.
Internal debt is money borrowed domestically from the savings of citizens such as EPF, Tabung Haji and other schemes but at what rates of return are Malaysians being compensated for this borrowing? And will we be compensated with funds coming from the liquidation of oil and forest assets?