Najib said a technical committee had been set up to regularly meet and monitor the implementation. This committee would then report to a steering committee chaired by him.
I agree with Najib that implementation is key. So far, the last stimulus package was hampered by implementation. While I applaud his effort to measure implementation, there are several issues which must be addressed very quickly. There are additional steps which must be taken by his administration and ministry.
- Make public details of the first stimulus and its results;
- Provide details of the second stimulus package and explain how it will be able to create jobs, enhance domestic demand and ensure the domestic economy does not shrink drastically;
- Give us a weekly job creation data and other details on the real economy;
- Make public public on GLCs' transformation and how the government intends to deal with unprofitable ones;
- Details on how to improve the implementation system;
- Who are in the technical committee and how it intends to function;
- Make the findings of the technical committee public during a weekly ministerial press conference on the economy;
- Details on how the government intends to combat corruption;
It is pertinent for the Finance Minister not to just show us the shadow of his plan. We need concrete details. The government owes it to the people to be accountable fully on the economy and the stimulus plan. Afterall, it is public's money.