Mini-Budget

9:32 AM Edit This 0 Comments »


It's good to know that the government has finally promised the nation in permitting a mini-budget which worth at RM60 billion. But the mouth-watering wars are still happening between the parties somehow... Nah, I don't really bother about it now, it's somewhat pathetic sometimes looking at them fighting internally, sparking infernal flares within themselves, aren't they all leaders who are suppose to lead the country to a better good?

Call that a great performance of showmanship by our future-to-be PM, or you could call that a sincere aid from the government, whatever it is, this RM60 bil pump into the economic cycle would definitely soothes many people, especially those who are facing crisis in making a living. It's happy to know that the government is finally doing something to keep the jobs and reduce downsizing.

My neighbor, who happen to stay in the opposite of my house, is going to graduate this year, and the current crisis causes her major depression (I guess she does, I just heard all these rumors from the mouth of my mother). She feels as if it's the end of the world for she won't get to find any job when she graduates later, and she even feels that all the things she has been doing were all implemented at the wrong moments. But guess what, I feel relieved that the government does take care of the students too.

By introducing tuition fees and research grants up to RM20,000 for every student pursuing PhD and RM10,000 for every student pursuing Master Degree (all in public universities), the degree holders can now equip themselves with further knowledge without worrying whether or not they are secured with jobs in order to keep pace with the current financial situation. I feel that this would be the golden opportunity for the avid learners, this will surely be a chance for them to strike a new high in their career when the financial crisis subsides a couple of years later.

As for the property goers, tax relief on housing loan will also be implemented. For consumers, a sum of RM674mil would be pumped into subsidy purposes to avoid price of necessities from hiking, for instance, sugar and wheat. The government certainly sees the troubles faced by the rakyat this time.

The most encouraging plan, would definitely be the rebate in purchasing new cars. For those who own a car which is now 10 year-old or older, can enjoy the privilege of RM5000 rebate in purchasing any new Proton & Perodua automobiles. Goodness, a RM5000 cut? Tell you what, the second hand junk which I'm driving now cost exactly RM5000, the government allows a RM5000 cut just like that, I couldn't help but think the price of my car is so insignificant......

0 comments: