15 years of pump-priming, but little to show for it

comments     Raja Ahmad Shahrir     Published     Updated

COMMENT "What you cultivate during the next seven years, when the time of harvest comes, leave the grains in their spikes, except for what you eat. After that, seven years of drought will come, which will consume most of what you stored for them. After that, a year will come that brings relief for the people, and they will, once again, press juice (olives and grapes)." - Joseph: 47-49, Quran

As the lesson from the story of the Prophet Joseph goes, livelihood is a cycle of economic ease and hardship. Keep during the good times and sustain during the bad. With patience and fortitude, the good will eventually rise again.

However, this situation is not the same with the Malaysian economy, or in particular, with the annual federal budget...

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