Wednesday 30 May 2018

Tabung Harapan

Malaysian news post-election just seems is absolutely fascinating, almost like watching a country being rebuilt. Every day seems to bring change, but the change also brings to light the skeletons in the closet, especially the country's potentially crippling debt.

Today the Ministry of Finance announced Tabung Harapan - a fund that came as a response to the request of everyday Malaysians who wanted to be able to contribute what little they could to help with the national debt - a measure of trust and hope put into the new government. 

There's a lot of divide - from optimistic Malaysians who are loving the idea to ones who seem scornful, especially in the wake of cuts to a bloated civil service and a broken promise to a promised festive allowance.

There are also going to be questions - how transparent will the transactions be, to what will the money be used for, how will the money be audited? Who has access to these funds, and to what capacity can they be used?

We are walking the path of a new Malaysia. There are new roads being taken that have never been navigated before, and the new government is forging ahead and making those changes. There will be a long road to recovery, a process of healing and there will be mistakes on the way.

To each their own.

The choices are always that, a choice, an option to do or not do. There is no coercion, it is just another option on top of the strategies that the Council will continue to run.

In the meantime, I'm glad to see a government that seems much more open to taking the suggestions and criticism. It will be fascinating to see how the country develops in the long run.

No comments:

Post a Comment