Parti Sosialis Malaysia (PSM) warned that the Budget 2012 unveiled yesterday was a tactical move to win the coming general election before unfavorable policies are revived.

"The handouts to rakyat are short term, just enough for the government to crawl through the elections. If re- elected to power, withdrawal of subsidies, implementation of goods and service tax (GST) and fuel price hikes are sure to follow," said PSM national treasurer A Sivarajan in a statement yesterday.