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Thursday, October 4, 2012

DPM mocks Anwar's 'economic ineptitude'



Deputy Prime Minister Muhyiddin Yassin said Pakatan Rakyat's claim that its shadow budget would reduce the deficit proves that the coalition "doesn't know the economy". 

During a dialogue with Selangor NGO and student leaders in Shah Alam today, Muhyiddin said PKR de facto leader Anwar Ibrahim was also unaware of Malaysia's economic situation. 

NONE"He (Anwar) said that there are no efforts (by the federal government) and Pakatan's budget can reduce the deficit by RM20 billion. 

"The truth is, they are are no experts. They don't know the economic situation. They are not in government," he said.
Anwar is a former finance minister and had lectured at John Hopkins University, Oxford University and Georgetown University upon his release from prison in 2004.
Among others, Anwar's lectures covered economic reforms. His teaching stint came to an end when he spent more time preparing for the 12th general election.
RM10,000 'war' fund
The dialogue was also attended Selangor BN deputy chief Noh Omar and state BN coordinator Md Zain Mohamed.

On PKR's proposal to abolish the Higher Education Load Fund (PTPTN), Muhyiddin said that if implemented, many would not be able to borrow money to pursue tertiary education. 

NONE"The purpose of paying back the fund is to ensure that future borrowers can use it. If we abolish it, then our children will not be able to use the fund," he said. 

During the questions and answers session, Muhyiddin said he would bring a proposal on financial aid for wedding costs to cabinet.

"I will bring it to cabinet tomorrow. This is for the first marriage. I don't know about the second or third marriage.

Meanwhile, Muhyiddin also pledged a government aid of RM10,000 to the Selangor Youth Council in order for the group to conduct activities in the run up to the 13th general election. 

"We hope that the funds will ensure that you work hard to help us wrest back Selangor," he said, to which the crowd responded with a rapturous applause.

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