Tahun 2014 Tahun Ikat Perut...
Orang tua-tua Melayu dulu-dulu suka berseloka...
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Kencang perut suka hati
Sebenarnya ini pantun di zaman kegemilangan Empayar Kesultanan Melaka bila Melaka menjadi pelabuhan terkenal dunia.
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Bagaimana mahu mengenyangkan perut-perut rakyat sehingga mereka semua suka hati?
Bila rakyat suka hati maka tangan-tangan rakyat pun suka hati memangkah BN pada PRU 14 nanti.
Buat masa sekarang majoriti rakyat pada persepsinya mungkin tidak semua barangkali sebahagian marah hati kerana terpaksa ikat perut.
Tahun 2014 tahun ikat perut...
2014 will be a bleak financial year for Malaysians as they face an increase in toll prices, electricity tariff rates, public transportation and possibly even further fuel subsidy cuts.
This will only mean two things: higher inflation and less money in pockets for consumers to spend, economists confirmed today.
Consumers will have to brace themselves for rising cost of living as the price hike started with the fuel subsidy cut, followed by the complete abolishment of the sugar subsidy
Going into 2014, we have higher electricity tariff, toll rates, and there could be other forms, including rising fuel costs. This will definitely put pressure on inflation and the result is inflation has moved to 2.0 percent in October, to next year where we are looking at 3 percent.
The lower income group – those households earning below RM3,000 – would be hit the hardest, and the BR1M cash vouchers would only provide partial relief to the poor.
The lower and middle income groups would likely face more financial distress and an increase in household debt starting from next year, and this would in turn incur social repercussions as individuals took on extra jobs to manage the higher cost of living.
Expect two or three more subsidy fuel cuts from this year and 2016, and said a rise in water tariff was not off the cards, either.
Our subsidy cut for fuel is still not finished because there is still a gap between our price and the world price that would be closed. We still expect further subsidy cuts, and is likely to be spaced between now and 2016.
The economic situation was still “manageable” and employers next year would likely be pressured to increase wages in light of the inflation and rise in cost of living.
The national average income is rising by five to six percent every year. But of course it depends on the profitability of the firm, the different skill categories of the employees, and to what extent the lower income group is receiving higher income. It was unlikely Malaysia would see an increase in unemployment and poverty levels next year, as the country’s export economy was thriving and expected to improve.
We haven’t seen any increase in corporate distress that would suggest workers will be retrenched and business will be cut down.
We don’t see any unanticipated shock (to the economy), unless the world economy experiences another escalation. So we should not be unduly alarmed.
It would have been better for the government to stagger out the price adjustments so as to avoid a price spiral.
Instead, Malaysians have been bombarded the past few weeks with announcements that toll hikes, LRT and monorail price surges were “unavoidable”; while the surge in electricity tariff came hot in the heels of fuel cuts and the abolishment of sugar subsidy.
As long as people’s income increased the same rate as the inflation, interest rates remained stable and there was full employment, Malaysian households would be able to cope with the financial difficulties that await them in 2014.