Tuesday, November 7, 2017

Budget 2018 of Malaysia (comment)

The release of the Budget 2018 Malaysia have bring most of the citizen (especially civil servants) joys πŸ˜„as we received tax deduction and reduction, higher amount of BR1M ,tax free travel spot, plus other benefits and that's is very good of most of us. However, in my opinion, we shouldn't bring our expectations and satisfaction that high towards it because what we gain now it is a short term happiness. 

Now, I not saying that this budget is bad but it can be better as it's not perfect enough to cover and fix the current economic issues. After about 2 hours of noting down what the important part of the Budget 2018 is delivering, what I can conclude is that it "spends to much ". By referencing to the Rm 685.1billions of Malaysia national debt amount, the budget 2018 should be consider and emphasis on how it can cut down the Government spending to reduce gigantic amount of national debt πŸ’Έ. Because when it spend too much, it just going to worsen the national debt until it reach a hazardous levelπŸ’Ή

First, with the amount of Rm10millions to acquire public bus 🚌and taxi πŸš•, the government should separate the partial amount to consider of building more highways or expanding the current ones cause for my experiences as a resident near the city center, what we need is more roads and highways not more public transportation to worsen the current congested traffic πŸš₯. Without any doubt, having Public transportation is good to the citizens but the number of it should be well planned in order to bring benefits to citizens and not burdens of traffic problemsπŸš—πŸš™πŸšπŸššπŸš›

Second, with the 4.3 inflation rate (Sep 2017) standing currently ,government should really need to focus on how to lower it down. Government should repeal the consumer taxes instead of reduce the income tax amount because the reason of middle class citizens having low purchasing powerπŸ’° is not due to their personal income tax but the consumer tax on what they will incurred directly upon purchasing πŸ”–.The RM1200 of BRIM might be help to ease the issue but it is just a temporary solution, only the abolition or reduction of consumer tax and GST will really solve the issue from the root. 

Third, as still being a student, me myself most focus on what education benefits the Budget 2018 will bring me. Being notified that starting January 2018 all the reading materials will be tax free, it joyπŸ˜† me up of course. However in the view of encouraging our younger generation to read more, government should transfer this tax free benefit more on the academic or curriculum based reading materials🏫 because only this kind of material will bring inspiration and boost up the knowledge for our youth. Beside, noticing that nowadays technologyπŸ“‘play well role in our digital ageπŸ’», thus the government had increase the recognition for technological sector and encourage more youngsters to enroll into it. But, to lead the country towards 2020 standard, government should emphasis on not just the curriculum improvements but more on the student's behavior and thinking, I mean mentally growth. Unfortunately, frankly speaking, most of the students now day really don't qualified with what the work force standard required compared to old days as youngsters now day are born well in a war free and comfort era, they didn't know how hard is it people want to be educated and employed in the hardship tough life so they never appreciate what they having now. Unlike now day technology are so advanced and studying can be so easy compare to those generations that without GOOGLE. So back to the point, the government really needs to fix this issue by introducing more programs designed to let our youth to become a healthy spiritual and mature minded person in order to bring the nation to a next level. 

Above what have listed, it is just my personal thoughts πŸ’­ about the Budget 2018, not intentionally creating any offences to any bodies ☺


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