Sara Wak to PM

Embed Size (px)

Citation preview

  • 8/9/2019 Sara Wak to PM

    1/2

    My dearMinister,I think you must know what are the reasons why the Malaysian economy has been on the fall for the last decade. Malaysia has alot of oil and gas and the income was supposed to enable Malaysia to survive for many years to come.

    However, what PETRONAS has made since it was incorporated has evaporated into thin air, where the profits have beenWRONGLY used by the Federal BN Government to support many failed business deals, such as the Bumiputra Finance scandal,the buy back of MAS shares from Tajuddin at RM8 a share when the market price was only RM3 a share, and many others suchas Port Klang Free Zone, Perwaja Steel, etc etc. There are just too many to name.

    Perhaps you should read what Malaysians have been circulating among themselves on the article below in comparing Malaysia toGreece, which Dato Seri Idris Jala also used!

    Bureaucracy - you are only too aware, otherwise you won't be talking about KPIs. Bloated civil service - so many civil servants

    Corruption - need we say more on this when contracts are awarded without tenders?Tax evasion - when Inland revenue does not do anything on transfer pricing!No transparency in governance - Govt and ministers are not held accountable.

    These sound very familiar in Malaysia.

    I would like to comment on some of your proposals, although I wish I can do so for all of them:

    Text book loan scheme and tuition subsidy aid to be abolishedIf you look at many developed countries, the government provide FREE text books for primary and secondary school children, andnow you are talking about Text book loan scheme and tuition subsidy aid to be abolished! Just look at the poor natives fromSarawak and Sabah for example, including the Kelabits and Penans in Sarawak, some parents do not even have money to buytheir children's text books and uniforms!

    If we are serious about human assets for the future of Malaysia, you should try to encourage all children to be educated, especially

    those who are poor. In Malaysia, those who are poor are mainly those in the villages like in Sarawak and Sabah, especially thenatives like Dayaks, Kelabits, Penans, Kadazans, Muruts, Kenyahs, etc etc.

    If the BN Government can allow RM billions to be wasted through corruption and bail-outs, how is it that they cannot afford to buythe books for primary and secondary schools, at least up to Form 3?

    Malaysia's fuel prices are among the cheapest in the world.I am sure both of you are very intelligent people, otherwise how could you both have such high education and went up so high inpositions to MD and ministers?

    When you say fuel prices are cheap in Malaysia, what are you comparing them with?

    Are you comparing apples with apples or apples with oranges?

    Just look at the regular petrol fuel prices below:Malaysia - RM1.80 per litreSingapore - S$1.757 per litre

    Australia - A$1.35 per litre

    You should not convert the prices in Singapore and Australia from S$ and A$ to RM in order to compare them. What you shouldcompare is the per capital income of the population in each country.

    In Malaysia, a fresh graduate can only earn RM1,500 a month, this is very good already, some in Sarawak can only earn RM1,000

  • 8/9/2019 Sara Wak to PM

    2/2

    or less a month. In Singapore, a fresh graduate earns at least S$2,000 a month and in Australia, a fresh graduate earns at leastA$3,000 a month. I know it as 2 of my children were offered engineering jobs in Malaysia for RM1,500 a month, they were alsooffered S$2,000 a month in Singapore and A$4,500 in Australia a month!

    Look when you compare fuel prices, you need to look at the earnings and you cannot just simply convert the various prices into asingle currency.

    Why don't you compare prices of cars in Malaysia with those in USA, Australia and NZ and UK?

    I hope both of you have done some studies in economics and finance before you start doing all the analysis and comparison andmake yourselves look stupid in comparing apples with pears!

    Foreign students will pay full fees at public universities I wonder why this was brought up. Has the Malaysian Government not beencharging full fees for foreign students? If it is the case, why are public universities not offering Malaysian students to study in localuniversities at reduced prices but allow foreign students to study there?

    In most developed countries like Australia and Singapore, they only offer some places to foreign students but at full price! I wonderwhat the BN Government has been thinking all along. Why not offer those university places to our own Malaysians at thosereduced rates instead of them spending more overseas?

    I would like to hear your comments on the above points which I raised with you and look forward to your response.

    Thank you,

    Sara Wak