The Budget Speech is NOT the Budget (Part Two)


Many parties, including my parliamentary colleagues and myself, have pointed out the shortcomings of our budgetary process in the past, such as Budget documents not giving us the whole picture of government spending.

Other than the kind of budgetary discrepancies described in the first part of this article published last month, there are also a multitude of off-budget items – such as government expenses, debts and liabilities that hide the actual financial situation of the government, the now infamous multi-billion ringgit slush funds at the sole disposal of the Prime Minister, and many others.

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