Photo via suarakeadilan
In Parliament session yesterday, opposition de facto leader Anwar Ibrahim gave a wake-up call for the government to revise and review the current budget for 2009. Admist the global credit crunch, Anwar refers the RM208 billion budget announced last August by the government as “irrelevant” as its faces severe deficits if nothing is done to handle the looming economic crisis in Malaysia.
Opposition leader Anwar Ibrahim
“We have some very strong economic fundamentals. And we have very strong reserves. Our trade surplus is still strong. Our savings are also very high but my concern is they are still in a state of denial. A responsible position would be to say, okay, we are having this crisis, it may come to recession, it may not come to recession, but we have to handle it. If the new finance minister is truly responsible, he must table a new budget”
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