RM60b Stimulus Package Only A Number

The government has trimmed GDP expectations to -1% to 1% for 2009 and RM60 billion stimulus package are list below:-

1. RM15 billion in fiscal injection
2. RM25 billion in guarantee funds
3. RM10 billion in equity investment
4. RM7 billion for private finance initiative and off-budget projects
5. RM 3 billion in tax initiatives

only RM15 billion flow to fiscal injection that will help us and hopefully this money will fully use to help us. The 1st stimulus package RM7.1 billion for us really did not feel anything.

Early of the year ValueCap get RM5 billion from EPF ( untill now still no dividend from EPF) to invest into equity and I think all the fund is used and now another RM10 billion will flow in. This move will benefit some people who know with share will be buy and sure we will not benefited on it because we are not member.

This package really mean the goverment is no money and this is the true because not tax cut or direct cost cut into ours daily life, mostly are only number.

Malaysia situation is bad in addition ours goverment is no money so we hope the best for this year will end well.