Monday, July 19, 2010

Now another story

Immediately after yesterday's increase in prices under the pretext to manage the country effectively,the second finance minister said semething else!

The government will still have a surplus of RM10 billion even without implementing the subsidy adjustment, Second Finance Minister Ahmad Husni Hanadzlah said.He said the subsidy rationalisation programme announced this week was to make the country's economy more efficient."Taxes collected by the Customs Department and the Inland Revenue Board will be RM158 billion this year compared to RM148 billion projected when the 2010 Budget was tabled last year," he told reporters after handing over RM450,000 for the construction of the Taman Chepor Damai Surau, Ipoh.
The question is if we have surplus money why reduce subsidy? Economics major I understand our leader! What a logic, only in Malaysia.

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