KUALA LUMPUR, June 24 (Bernama) — The allocation for the 1Malaysia People’s Aid (BR1M) will be increased in Budget 2014 to be tabled in October but the quantum would depend on the nation’s financial situation, said Prime Minister Datuk Seri Najib Tun Razak.
The government, he said, was committed to provide the best budget for the people, but it had to depend on the country’s financial position.
Najib, who is also Finance Minister, said the government also aimed to reduce the country’s deficit from 4 per cent to 3.5 per cent in 2014 and to three per cent in 2015.
How about that ? I think maybe the financial situation not growth especially this week there’s a haze problem that will effect Malaysia economy. Hopefully the haze problem could be solved in shorter time as our country need to recover fast. As the BR1M to increase, I don’t think it is a good idea for Malaysian citizen. Give money is not solution but the education of financial is much better solution. But I’m not politician so maybe that’s the way to get the vote.
Are you BR1M receiver? Do you want another BR1M next year?
For those non Malaysian reader, BR1M is Malaysian government initiative to give one off money for qualified Malaysian citizen.