My Sinchew/ Budget

Malaysia can meet 3.1% fiscal deficit target: Johari

Malaysia is able to meet its fiscal deficit target of 3.1 per cent by end-2016 as the country has strong economic fundamentals, said Deputy Finance Minister Datuk Johari Abdul Ghani.

Education allocation: Where has all the money gone?

The disappearance of pubic funds is a very serious problem that is poised to tarnish the government's reputation and image if no investigation is initiated or explanation offered.

Fair allocation for all schools

It is hoped that the government will understand the financial pressure of Chinese primary schools and provide adequate allocation and financial assistance wherever possible.

Repercussions of an overly generous Budget

We can never become a high-income country simply by increasing the workers' salaries without taking into consideration the quality of our workforce.

More allocation if oil prices go up: minister

More allocation with be given to the public if Brent crude oil prices rise beyond US$48 per barrel next year.

Strings attached

I understand that politics is something very realistic. But if we only go after electoral gains without the slightest aspiration, we can't take the country much further from here.

Where's RM2.6bn?

After PM Najib concluded his Budget speech at Dewan Rakyat this evening, some opposition MPs stood up and held up "Mana RM2.6 billion?" placards in protest.

Najib tables RM267.2bn Budget for 2016

‎Budget‬ 2016 allocates RM267.2 billion compared with the revised RM260.7 billion in 2015. Fiscal deficit is expected to decline to 3.1% of GDP.

Income tax rates for high-income individuals to increase 1-3%

The income tax rates for resident individuals with chargeable income above RM600,000 will be increased by 1 to 3%.

BR1M to be increased to benefit more people

"BR1M assistance is expected to benefit 4.7 million households and 2.7 million single individuals with an allocation of RM5.9 billion."


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