Most economic analysts were surprised by the RM60 billions Mini Budget announced on 10th march 2009.
Rumours before the tabling of the mini budget was that in was about RM10 billions. I was worried that it was true.
Thank god. It was totally incorrect. If it was true, Najib should "balik kampung tanam jagung". At least, there are some hopes in this future PM!
Najid said it was unorthodox. My opinion is it was just slightly unorthodox - it was a "B" rating budget - not outstanding, just sufficient.
An unorthodox effort would be something like this. The RM200 Millions (should be at least RM1 billion) for tourism, should be allocated directly to Malaysians above the age of 21 for local tour packages(with safeguards against abuses). The multiplier effects and stimulus created will be speedy & tremendous!!! This is unorthodox!!!
Now, efficient & effective implementation, monitoring & review of both stimulus budgets are paramount in ensuring success.
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