Since the cabinet has been formed, the government must get down to work on a post-oil dependent future for the country. In the last budget 08', government's revenue is largely dependent on oil & gas (46.8% of total revenue projected). Oil and gas contributed not more than 26% to the government's coffer less than a decade ago.
Serious initiatives must be undertaken to develop other critical sectors such as service, manufacturing, education, advanced manufacturing, food production and tourism. Politicians from both sides of the divide should sit down to review the causes of brain drain.
Malaysia must not only stop the outflow of skilled workers to other countries, it must also take immediate steps to attract foreign and local talents to return to work in these critical sectors. On top of that, our standards of education has to be greatly enhanced. Both Hishamuddin and Mohd Khaled Nordin (Minister of Higher Education) must now work hand-in-hand to liberalise and improve the education system.
These steps must be taken immediately to reverse the slide in our competitiveness as a knowledge economy. Moreover, our continuous dependency on oil and gas as the main revenue generator can be fatal. Policy makers must snap out from their complacency.
For a start, Abdullah has made the right move by dropping several controversial ministers and appointed a few reputable individuals such as Zaid Ibrahim. However, the inclusion of Muhammad Muhd Taib comes as a surprise for me. I guess the PM is trying to juggle between public perception and his own survival within UMNO.
4 comments:
PM ain't listening to the rakyat fully yet. Some postings are merely seen as consolidating his shaky power base. Gone were Tengku Adnan but in replacement the so called can't understand English, Mat Taib is back.
Other concern is whether Muyiddin Yassin has the clout in dealing with FTAs. Mustafa Mohd being an economist should be a better choice for MITI.
True to what has been pointed out.PM is indeed taking care of his own backyard first.The appointment of Shahrizat for special adviser for women affairs with ministerial status can testify.One will wonder why we need Ng Yen Yen in the first place when we have dual role looking over same function. Does this means Ng Yen Yen can't advise? What will happen if another position given to son in law with ministerial status but block the media from publicising.Something never change.
The fat lady told American delegates to go somewhere else if they do not like NEP , quite a arrogance minister of trade. FTA with USA is a gone case for Malaysia if the fat lady does not know manner.
the oil resource is a blessing, but the control fall in the hand of these extremely greedy umno men, revenue generated had been plundered for personal gain in the form of white elephant projects, nation wealth is squandered every year by the administration.
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