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Thursday, June 14, 2012

FEDERAL GOV'T DEBT TOO HIGH BUT NAJIB GOV'T ASKING FOR ADDITIONAL RM13.8 BILLION!!!!

Photo: DESPITE our Federal Government Debt levels being so HIGH as reported from Bank Negara Malaysia ( BNM ) last 7th of June 2012 already being at "RM470BILLION" which we had posted this report
HERE in CCWM Group on the 9th of June 2012 where u could see BNM's latest report at:

http://www.bnm.gov.my/index.php?ch=statistic_nsdp

Today 14th of June 2012 in Parliament. SEE:

http://www.themalaysianinsider.com/malaysia/article/putrajaya-asks-for-rm14b-more-to-spend

Prime Minister Najib dares to request an additonal RM13.8 BILLION to spend this year as reported:

"The Malaysian Insider reported that Barisan Nasional (BN) MPs will each receive RM1.5 million to plough into their constituencies and that the ruling coalition is looking towards having a general election after Budget 2013 is tabled by Datuk Seri Najib Razak (picture) on September 28.

The Bill, tabled this morning by the Finance Ministry, allocates RM360 million to the Election Commission (EC), RM113 million to the Prime Minister’s Department, RM446 million to the Works Ministry and a whopping RM11.2 billion for “treasury general services” ahead of federal polls that must be called within the year.

The prime minister has also admitted recently that the government is considering a repeat of the RM500 dished out early this year to low-income families under the Bantuan Rakyat 1 Malaysia (BR1M) that cost RM2.6 billion.

“Addition of RM360 million is required to pay for preparations and running the 13th General Election,” the explanatory note said of the amount requested for the EC.

It also outlined RM7.5 billion for “liquefied petroleum gas, diesel and petrol subsidies and cash aid” as well as RM30 million for a National Branding Unit under the Prime Minister’s Department."

NATIONAL BRANDING UNIT???

RM113Million to the PRIME MINISTERS DEPARTMENT???

Ironically Bank Negara Malaysia's ( BNM ) recent report of our Federal Government Debt being up by EXACTLY the "SAME AMOUNT" as requested by Najib in Parliament TODAY by RM14BILLION was already published beginning the 7th of June 2012, putting our Debt levels at RM470 BILLION from the original RM456BILLION.

Now is PM Najib asking for an "ADDITIONAL" RM14BILLION to ADD to the current Federal Government Debt of RM470BILLION which will "BREACH" the limit required by Statutory Law of 55% of the entire country's GDP...

or

...did PM Najib "ALREADY" pre-approved the RM14Billion even "BEFORE" asking for tabling this Bill for approval in Parliement only "TODAY"???

With the Euro-Zone crisis and now with even SPAIN requesting Financial Aid after Greece...

IF the Malaysian Economy "FAILS"...then we KNOW now "WHO" and "WHICH" governing political party is to blame!

-w.i.w.c
DESPITE our Federal Government Debt levels being so HIGH as reported from Bank Negara Malaysia ( BNM ) last 7th of June 2012 already being at "RM470BILLION" which we had posted this report
HERE in CCWM Group on the 9th of June 2012 where u could see BNM's latest report at:

http://www.bnm.gov.my/index.php?ch=statistic_nsdp

Today 14th of June 2012 in Parliament. SEE:

http://www.themalaysianinsider.com/malaysia/article/putrajaya-asks-for-rm14b-more-to-spend

Prime Minister Najib dares to request an additonal RM13.8 BILLION to spend this year as reported:

"The Malaysian Insider reported that Barisan Nasional (BN) MPs will each receive RM1.5 million to plough into their constituencies and that the ruling coalition is looking towards having a general election after Budget 2013 is tabled by Datuk Seri Najib Razak (picture) on September 28.

The Bill, tabled this morning by the Finance Ministry, allocates RM360 million to the Election Commission (EC), RM113 million to the Prime Minister’s Department, RM446 million to the Works Ministry and a whopping RM11.2 billion for “treasury general services” ahead of federal polls that must be called within the year.

The prime minister has also admitted recently that the government is considering a repeat of the RM500 dished out early this year to low-income families under the Bantuan Rakyat 1 Malaysia (BR1M) that cost RM2.6 billion.

“Addition of RM360 million is required to pay for preparations and running the 13th General Election,” the explanatory note said of the amount requested for the EC.

It also outlined RM7.5 billion for “liquefied petroleum gas, diesel and petrol subsidies and cash aid” as well as RM30 million for a National Branding Unit under the Prime Minister’s Department."

NATIONAL BRANDING UNIT???

RM113Million to the PRIME MINISTERS DEPARTMENT???

Ironically Bank Negara Malaysia's ( BNM ) recent report of our Federal Government Debt being up by EXACTLY the "SAME AMOUNT" as requested by Najib in Parliament TODAY by RM14BILLION was already published beginning the 7th of June 2012, putting our Debt levels at RM470 BILLION from the original RM456BILLION.

Now is PM Najib asking for an "ADDITIONAL" RM14BILLION to ADD to the current Federal Government Debt of RM470BILLION which will "BREACH" the limit required by Statutory Law of 55% of the entire country's GDP...

or

...did PM Najib "ALREADY" pre-approved the RM14Billion even "BEFORE" asking for tabling this Bill for approval in Parliement only "TODAY"???

With the Euro-Zone crisis and now with even SPAIN requesting Financial Aid after Greece...

IF the Malaysian Economy "FAILS"...then we KNOW now "WHO" and "WHICH" governing political party is to blame!

-w.i.w.c [Curi]

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