Confound the confusion on vaccines and govt spending

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In the past week we have been bombarded by several unexpected and undesirable major financial drawbacks.Just look at these three major headlines:New law to allow govt to tap into the RM16.9 billion trust fund (FMT, April 21).Sustainability sukuk oversubscribed 6.4 times, US$1.3bil raised (FMT, April 22).‘Only RM5bil’ to be taken from the National Trust Fund, says Tengku Zafrul (FMT, April 26).Many did not expect the government to make these two unexpected moves, as there were no indications or prior announcements in the run up towards the actual event.Was it meant to be a surprise? Yes. And it is also objectionable. It appears that our country has spent so much of our public funds in buying vaccines. But each allocation was never enough. RM3 billion was allocated in the 2021 budget which was approved by the Parliament in 2020, but soon after, it was considered insufficient. The…