Malaysia’s coffers run dry as COVID-19 pandemic worsens
#1

By Shankaran Nambiar

29 Jul 2021 06:03AM

(Updated: 29 Jul 2021 07:02AM)


......

A series of support initiatives – Penjana, Prihatin, Permai, Permerkasa, Permerkasa+ and Pemulih – have been extended by the government, totalling RM380 billion (US$90 billion).

......

While similar to Singapore, the package exceeded that of other regional neighbours including the Philippines (6 per cent), Indonesia (11 per cent), Thailand (16 per cent) and South Korea (15 per cent).

The Malaysian government has limited fiscal space after running budget deficits for over 20 years. With the pandemic’s unprecedented crunch, there are not enough public funds to dig into.



Full report at CNA: https://www.channelnewsasia.com/news/com...d-15317942
Reply
#2

1 : 3.20 akan datang
Reply
#3

Ahlong $50B.IMF.
Reply
#4

1:4 also likely.

Najib already emptied the coffers beforehand. Muhiyiddin is running on fumes.
Reply
#5

Many cuntries need to open up fast  Big Grin

There is no right or wrong decisions. 
One only has to bear the consequences that one makes  Big Grin
Reply
#6


元首未御准撤销紧急条例 安华轰慕尤丁内阁误导国会须下台
Reply
#7

That means Singapore is in danger? Once those Agungs and Tuns up North no money, they will look South at this little parasite living on their fresh water, manpower, vegetables and meat....... Confused

 Thinking is difficult, that's why most people judge
                    Carl Jung
[+] 1 user Likes Huliwang's post
Reply
#8

(29-07-2021, 02:56 PM)Huliwang Wrote:  That means Singapore is in danger? Once those Agungs and Tuns up North no money, they will look South at this little parasite living on their fresh water, manpower, vegetables and meat....... Confused

That  could be a possibility... Big Grin Big Grin
[+] 1 user Likes debono's post
Reply
#9

[Image: giphy.gif]

疫苗可以不打, 手枪一定要打!
疫苗可以不注射, 精子一定要远射!
Reply
#10

it is a blessed land. long long ago tin mine. then rubber. now palm oil and some oil.
now mao shan wang. how to go burst. jsut fried mao shan wang to 5x price
Reply
#11

(29-07-2021, 03:19 PM)sclim Wrote:  it is a blessed land. long long ago tin mine. then rubber. now palm oil and some oil.
now mao shan wang. how to go burst. jsut fried mao shan wang to 5x price

They also have rare earths.
Reply
#12

in time to come, most countries will rather have some deaths and not saving every lives in order to survive the economy and the rest of the healthy population. this covid10 macam a modern version of world war 3.
[+] 1 user Likes A2Z's post
Reply
#13

(29-07-2021, 03:19 PM)sclim Wrote:  it is a blessed land. long long ago tin mine. then rubber. now palm oil and some oil.
now mao shan wang. how to go burst. jsut fried mao shan wang to 5x price

Mao shan wang durian cannot bring much money to their country. crying
Reply
#14

They can sell Johore state to Singapore?
Reply
#15

(29-07-2021, 04:24 PM)mikotan Wrote:  They can sell Johore state to Singapore?

That will be good for Singapore, but it will never happen.. Big Grin Big Grin
Reply
#16

If Malaysia collapses, it will be very bad for SG..... water, refugee problems, what else?
Reply
#17

(29-07-2021, 02:34 PM)cityhantam Wrote:  

元首未御准撤销紧急条例 安华轰慕尤丁内阁误导国会须下台

Their parliament quite rowdy, though not at the level of UK or Taiwan.

Unlike our parliament where MPs can fall asleep. Big Grin
Reply
#18

(29-07-2021, 03:24 PM)debono Wrote:  
(29-07-2021, 03:19 PM)sclim Wrote:  it is a blessed land. long long ago tin mine. then rubber. now palm oil and some oil.
now mao shan wang. how to go burst. jsut fried mao shan wang to 5x price

Mao shan wang durian cannot bring much money to their country. crying
One 2 $B PA is peanut.
Reply
#19

(29-07-2021, 03:20 PM)Levin Wrote:  
(29-07-2021, 03:19 PM)sclim Wrote:  it is a blessed land. long long ago tin mine. then rubber. now palm oil and some oil.
now mao shan wang. how to go burst. jsut fried mao shan wang to 5x price

They also have rare earths.

No.

Their rare earths processing plant belongs to Australia and the mineral is from Australia.
Reply
#20

[Image: Mahathir-1410483632-1.jpg]
Reply
#21

(29-07-2021, 08:04 PM)cityhantam Wrote:  
(29-07-2021, 03:20 PM)Levin Wrote:  They also have rare earths.

No.

Their rare earths processing plant belongs to Australia and the mineral is from Australia.

......

Malaysia has been blessed with a significant amount of non-radioactive rare earth deposits. The US Geological Survey (USGS) estimates that some 30,000 metric tonnes of rare earth ores can be found in Peninsular Malaysia (cited by Teoh Lay Hock, a geological and mineral business consultant based in Kuala Lumpur, in the Blueprint for the Establishment of Rare Earth Based Industries in Malaysia, published by Akademi Sains Malaysia in 2014).

Although this represents less than one per cent of the world's total deposits, it is more than enough for the country to become a major regional player in rare earth mineral supply.

......


Source from New Straits Times: https://www.nst.com.my/opinion/columnist...20Malaysia.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)