Live Coverage: Debate on Budget 2009Posted: October 13, 2008
So far, what I’ve heard is a lot of arguing and shouting. One or two valid points that I’ve heard from Pakatan Rakyat’s side is that with the price of oil coming down like as if being pulled by gravity, the original budget proposal which was already a deficit budget would go even deeper into deficit.
Which is true. Malaysia is making money from selling crude oil. If crude oil prices goes down, Malaysia makes less money. So then what’s to happen to the budget? Surely in desperate times like this, the budget needs to be debated, and possibly changed?
Well, I’m less than a greenhorn when it comes to economics, so I won’t dwell too long on it. But I find it absolutely ridiculous that even as this debate is going on, the Finance Minister and 2nd Finance Minister are not in the Dewan.
How can they not be there?
It’s the budget, for crying out loud! Who else but the heads of the Finance Ministry is supposed to answer to the questions being brought forward?