Wan Saiful Wan Jan decribes the federal budget as underwhelming, notes a failure to provide incentives for domestic investors.
Read More: https://www.freemalaysiatoday.com/category/nation/2024/10/18/even-backbenchers-not-excited-by-budget-says-mp/
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Read More: https://www.freemalaysiatoday.com/category/nation/2024/10/18/even-backbenchers-not-excited-by-budget-says-mp/
Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.
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NewsTranscript
00:00It's not that impressive, to be honest, and I think if you look at the reaction from even
00:06the government benches, you can see that even they were not impressed.
00:10I was hoping to see a little bit more emphasis on ASEAN, our role as ASEAN chairman, our
00:17effort to liberalise the economy further, to attract more foreign investment especially.
00:23I was hoping to see more incentive for domestic investors.
00:26I was hoping to see more efforts and more incentive, more policy being announced on
00:32how to grow the economy.
00:34That can be done better by liberalising the economy further, but I did not see that so
00:38much in today's speech.
00:41I think overall people were looking for something that can help them cover the rising cost of
00:46living.
00:47There were assistance here and there that was announced in the budget today, but as
00:53I said earlier, there's no real oomph that we can see in the speech.