Unnecessary budget allocations for HSR and MRT3

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Title : Unnecessary budget allocations for HSR and MRT3
Category : Malaysians

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Unnecessary budget allocations for HSR and MRT3

When 73% of the budget goes to operating expenditure (including 12.1% for paying debt) and the rest to support government apparatus, it simply means that last year’s templates are very much relevant and can be copied. There is no financial creativity required here.The only financial challenge is on how to allocate the remaining 27%, termed as development expenditure. Meant to drive the economy forward and address the financial difficulties faced by many Malaysians especially the B40 group, this is where the government makes it or breaks it.There are many items within this 27% development expenditure. Some are quite relevant to boost our fledgling economy and some are not. Among the items are several transport projects such as the High Speed Rail (HSR) and MRT3 mass transit projects.It is far-fetched and a luxury to include HSR and MRT3 in this deficit budget as the two project…

When 73% of the budget goes to operating expenditure (including 12.1% for paying debt) and the rest to support government apparatus, it simply means that last year’s templates are very much relevant and can be copied. There is no financial creativity required here.The only financial challenge is on how to allocate the remaining 27%, termed as development expenditure. Meant to drive the economy forward and address the financial difficulties faced by many Malaysians especially the B40 group, this is where the government makes it or breaks it.There are many items within this 27% development expenditure. Some are quite relevant to boost our fledgling economy and some are not. Among the items are several transport projects such as the High Speed Rail (HSR) and MRT3 mass transit projects.It is far-fetched and a luxury to include HSR and MRT3 in this deficit budget as the two project…


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