Weekly Discussion #12: ‘Transformational’ Budget 2012

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The 2012 Budget, tabled at the Dewan Rakyat aimed at being “a truly transformational budget for all Malaysians”. This was what Prime Minister Datuk Seri Najib Tun Razak , who is Finance Minister, said.

Highlights included new policies to address the cost of living in difficult times while maintaining a fiscally responsible approach to managing the economy.

“This budget will be about the government delivering on our promise to ensure social justice while keeping our country on the strong economic course that will deliver long-term prosperity for all.

“This is truly a transformational budget for all Malaysians, and one that will keep us firmly on the path towards becoming a fully developed high-income nation,” Najib said in a statement issued by his office on Thursday ahead of the Budget announcement.

“In line with the guiding principles of 1Malaysia — People First, Performance Now — I’m totally focused on maintaining economic growth and cutting the deficit, but will never do so at the expense of ordinary citizens,” he added.
How has the ordinary man on the streets been touched by this budget? Is there any relief?

What do you think? Join in the discussion below!

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