When a country’s debt becomes too high and it faces challenges in repaying it, governments must make tough decisions to cut back on public spending, particularly focusing on eliminating misallocated funds. Cutting back to zero misallocation is critical to ensure that public resources are used efficiently and to prevent the debt burden from spiraling out of control.
Fully support ZERO intiatives! MPs pension should be capped at certain limit regardless how many positions held and duration should be only at 60 above, not just 2-3 years, boleh pencen but the rest are made to work till 55 or 60. Waste of money on useless MPs. MPs also should not getting half pension from each positions held. Some MPs are getting RM100K+ in pensions per month!
About the EPF saving concerns, so maybe all those exorbitant pensions can go to fund the aging population. Khazanah Research Institute said in the report --> "It also assumes that Malaysians only use RM1,000 per month for 20 years.", so RM1K is enough to survive per month, so ALL MPs pensions and salaries do not need RM10K above? Is this really enough? I think reality is not that. KRI report has problem, but this is Malaysia Bolehland...
Kepimpinan melalui teladan: Cap their monthly take home @ RM1k.....hehe
Posted by eastern_joy > 6 minutes ago | Report Abuse
About the EPF saving concerns, so maybe all those exorbitant pensions can go to fund the aging population. Khazanah Research Institute said in the report --> "It also assumes that Malaysians only use RM1,000 per month for 20 years.", so RM1K is enough to survive per month, so ALL MPs pensions and salaries do not need RM10K above? Is this really enough? I think reality is not that. KRI report has problem, but this is Malaysia Bolehland...
Members of Parliament (MPs) in Malaysia should cap their monthly take-home pay at RM1,000 to set an example of "kepimpinan melalui teladan" (leadership by example)
@EngineeringProfit "When a country’s debt becomes too high and it faces challenges in repaying it, governments must make tough decisions to cut back on public spending, particularly focusing on eliminating misallocated funds."
slowly dream, the government will tax you until mother also cannot recognize.
I am waiting to see one leader who possess wisdom and open minded from UMNO to harmoniously bring its people together to make UMNO stronger and bigger and even he will bring all Malaysian in all races together to make Malaysia more prosperous and stronger in term of economically stronger, technology more advancement, more socially harmonious etc And perhaps this person may not be necessarily from UMNO but other political party instead, And obviously this person is not Akmal, not Lim Guan Ying, not Wei Ka Xiang, Not Muhhidin, Not Awang Hadi etc either, and not to say DrM as this DrM was/is the beginner of the poison of current Malaysian political and socially devided. Will see who and when this person emerge…
Kepimpinan melalui teladan: Cap their monthly take home @ RM1k.....heh e ?
So that only true politician with the heart to serve the people will join politics。Must be enshrined in constitut ion or else Cap their monthly take home @ RM1k..... Will be revoked by greedy politicians。Pmx also work without pay!
ZERO use of foreign universities or experts for policy research to eliminate outsourced consultancy fees - use local experts and professors, or fire them if they are useless
ZERO wastage of higher education fund diversion to many peninsular states that suffer from overrsupply of graduates and post grads; coupled with serious mismatching of academic qualification and job scope
Democracy is meant to empower citizens, but this empowerment does not end at the ballot box. Without accountability, politicians may become complacent, prioritizing personal ambitions, indulging in globe-trotting diplomatic tours, or focusing on matters detached from the everyday needs of their constituents. When voters keep a vigilant eye on their elected leaders, it ensures that they remain focused on their roles as *servant leaders*—leaders who serve the interests of the people who put them in power, rather than pursuing self-serving agendas (e.g. securing ticket to heaven, etc) or unnecessary external engagements (e.g. in middle east crisis, etc).
Rakyat must rise to say "NO" to more taxes and less subsidies as long as the government do not fulfill all the rakyat-centric "ZEROs" demand
ZERO advisors and political aides.(out-of-own-pocket only; but use of AI is highly encouraged!).......................................until all the houdsehold can afford babysitter
When a country’s debt becomes too high and it faces challenges in repaying it, governments must make tough decisions to cut back on public spending, particularly focusing on eliminating misallocated funds. Cutting back to zero misallocation is critical to ensure that public resources are used efficiently and to prevent the debt burden from spiraling out of control.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 1 month ago | Report Abuse
When a country’s debt becomes too high and it faces challenges in repaying it, governments must make tough decisions to cut back on public spending, particularly focusing on eliminating misallocated funds. Cutting back to zero misallocation is critical to ensure that public resources are used efficiently and to prevent the debt burden from spiraling out of control.