The 2012 budget is an election budget. From civil servants to police officers to students to teachers to the armed forces, the whole public sector workers, even pensioners, will get their own share of handouts next year if this budget is passed, which it will.

With all the handouts, it got me thinking. We could do better with the federal government’s fiscal deficit. A lot of this handouts with the exception of the 2% annual increase of salary for civil servants and free education are one-off gifts. If those gifts were not made, Malaysia would have smaller fiscal deficit.

I will expand this thought for my column at The Malaysian Insider.

Trackback URI | Comments RSS

Leave a Reply

*