The reality of a RM6.5 billion federal grant

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The reality of a RM6.5 billion federal grant
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DEOpinion 'Sabah can do with many more economic warriors from among economic conscientious Sabahans to support Hajiji, Masidi and Jeffry who have been sorting on economic problems for Sabah.' - Datuk John Lo

It characterizes a very serious setback for Sabah and grievous fault in the decades-long entrenched inferior treatment of Sabah by the federal government. The federal government is not that generous. It has never been. The extra amount is to cover for project funds that have been unutilized or could not be spent due to [according to Jeffry] excessive bureaucracy.

Once Parliament has approved the budget in November, it takes months for the funds to reach Sabah, leaving insufficient time for the Sabah Government to do the necessary for implementation. The time frame for 2023 is worse as the budget has been re-tabled in February. There is hardly any time left for implementation before the next budget in November this year.

[e] This mickey mouse of this vicious circle has perpetuated since time immemorial. The fundamental problems are with the federal ministry of finance and to a certain extent, Sabah side must bear responsibility. Systemic delays are common in Sabah. Extreme slowness in implementation of policies for the benefit of Sabahans is common. Masidi’s suggestion for Sabah to set up a trust fund for the unutilized portion of the grant makes excellent sense.

Sabah can do with many more economic warriors from among economic conscientious Sabahans to support Hajiji, Masidi and Jeffry who have been sorting on economic problems for Sabah.I am deeply gratified to see the increasing number of political leaders speaking out on economic matters for Sabah. We need more, many more.

[b] Have an in-depth knowledge on the economy of the constituency, Sabah and a good working knowledge of Malaysia’s economy. The first is to be able to represent your constituency effectively, to fight for Sabah’s economic growth and protect Sabah’s right in Parliament and State Assembly. No Dun or MP can be effective in his/or her jobs without a good grounding of economics. Present excessive politicking is killing Sabahans’ economic future.

The very rich will stay rich, the poorest will remain poor no matter what happens if there is no economic improvement.

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