热门标签

Insight - Subsidies in place of mega projects?

时间:3周前   阅读:3   评论:1

新2手机管理端www.hg108.vip)实时更新发布最新最快的新2代理线路、新2会员线路、新2备用登录网址、新2手机管理端、新2手机版登录网址、新2皇冠登录网址。

The government has to consider current trends and undertake due diligence for the maximum benefits, said Bank Islam Malaysia Bhd chief economist Afzanizam Mohamed Rashid.

IN times of rising inflation, funding the hefty RM77.3bil subsidy bill has become so important that mega projects which carry substantial spin-off effects, may be delayed to make way for the subsidies.

Would it be a big loss if we postpone some of these mega projects which may be delayed, anyway, by rising costs of building materials and labour shortages?

Is it a sustainable solution – just shelving some big projects to channel the money to subsidies?

This may also be a time to review the feasibility of some of the big projects, especially considering current trends such as flexible working arrangements which already involve less travelling.

For instance, between public transport and Internet connectivity, which should we prioritise?

The government has to weigh its options as:

> Infrastructure investment can facilitate growth, improve living standards and generate higher income opportunities.

> Subsidies will immediately help to alleviate the financial burden of the rakyat but do not have recurring benefits.

It is a delicate balancing act.

,

皇冠手机网址www.hg9988.vip)是一个开放皇冠手机网址即时比分、皇冠手机网址代理最新登录线路、皇冠手机网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠新现金网平台。

,

The largest contributor to rising inflation – food prices – had posted the biggest increase since 2011, at 5.3% year-on-year in May, 2022.

The government has to consider current trends and undertake due diligence for the maximum benefits, said Bank Islam Malaysia Bhd chief economist Afzanizam Mohamed Rashid.

Besides delaying spending on mega projects, some allocation could be diverted from the sizeable allocation of RM75.6bil for development expenditure, compared to the average of RM48bil since 2010.

A core area to note is that the growth rate of government spending especially on salaries and emoluments, has greatly outstripped government revenue from all sources.

All eyes are on how the government proposes to bring the growth rate of spending on salaries and emoluments, under some semblance of control.

Managing inflation is necessary from a social and economic context, as protests can erupt over rising inflation and food prices.

The largest contributor to rising inflation – food prices – had posted the biggest increase since 2011, at 5.3% year-on-year in May, 2022.

From this perspective, it would justify diverting more funds towards subsidies when cost pressures are exacerbated by the Russia-Ukraine conflict and supply disruptions, said United Overseas Bank (M) Bhd senior economist Julia Goh.

Even with subsidies, inflation is already rising; the government estimates that without the subsidies, inflation could be much higher at above 11%.

上一篇:足球免费贴士网(www.ad168.vip):外媒:印尼官员透露普京不会出席G20峰会,拉夫罗夫出席

下一篇:哈希108竞彩平台(www.hx198.vip):河南部分乡镇已收到指标:分配到村 协助郑州富士康招工

网友评论