MB: State’s budget based on proper formulas

  • Metro News
  • Tuesday, 28 Nov 2017

Zambry said inaccurate statements about the state’s economy could cause confusion among the public.

LEARN your economics before making any form of irresponsible and manipulative statements about the state’s budget says Perak Mentri Besar Datuk Seri Dr Zambry Abd Kadir (BN-Pangkor).

Zambry said the Opposition’s feedback on the state’s budget, which was presented on the first day of the State Assembly sitting last week, should be based on the proper calculations for economics.

“Instead of making the proper, accurate analysis, they resorted to making manipulative statements that could cause confusion among the rakyat.

“Worse, it makes it look as if I have lied to the people. You can never lie about something as serious as the state’s budget, because this involves the integrity of the entire government,” he told a press conference during the state assembly sitting last Wednesday.

Citing state Opposition leader Datuk Seri Mohammad Nizar Jamaluddin (Amanah-Changkat Jering), Ngeh Koo Ham (DAP-Sitiawan) and Nga Kor Ming (DAP-Kepayang) as examples, Zambry said he could only conclude that they do not really understand how to do economic analysis after hearing their arguments.

“Today, Sitiawan (Ngeh) talked about his analysis on how Malaysia’s gross domestic product is related to the value of the Malaysian ringgit.

“These are two different things. He might be a lawyer, but his analysis of economics is not very good.

“I do not mean to laugh at him, but I hope at least the Opposition get their facts and analysis right on this aspect,” he said.

Zambry also cleared the air on Nga’s accusations that Perak’s state budget this year is running a deficit.

“It is normal that whenever the state budget is being presented, there will be a deficit sum.

“But once the year ends and the account is closed, you will see that we will have a surplus budget, and this has been the case since 2009.

“The year has not ended, so naturally the account cannot be closed right now, but Kepayang (Nga) is using this situation to paint the state government in a bad light,” he said, adding that for last year’s budget, Perak showed a surplus of RM4.42mil.

Zambry defended the state’s revenue and reserves as well, explaining the state has always done well in these two aspects, with no deficiency and this can be proven based on economic reports published by the Statistics Department.

“In fact, we have been growing. In the latest example, as of Nov 21, our state reserve stands at RM1.1bil, in comparison to our state reserve in 2010, which was at RM762mil,” he said.

Zambry stressed that he needs to explain these things so that the rakyat can understand and get a clearer picture of the state’s performance.

“I cannot afford for them to see me as a liar, as described by the Opposition. Our government’s integrity is at stake,” he said.

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