Media Statement by Dr. Ong Kian Ming, MP for Serdang, on the 26th of October 2015
“Congratulations” to the Prime Minister for a “People Centric” Budget
I would like to “congratulate” the PM for abolishing the RM950m cooking oil price stabilization scheme for 2016 under the Ministry of Plantations and Commodities which would most likely result in a rise in the price of cooking oil.
I would like to “congratulate” the PM for slashing almost RM9 billion (from 19.3b in 2015 to RM10.6b in 2016) from subsides and cash assistance which would have cushioned the impact of the increase in the cost of living for many Malaysians.
I would like to “congratulate” the PM for abolishing the electric bill subsidy which would almost surely increase the electricity bill for the poor who are the main beneficiaries of this subsidy.
I would like to “congratulate” the BN for collecting an additional RM4.5 billion in GST for the year 2016 (RM39b in 2016 for GST alone compared to RM34.5 from GST and SST in 2015) from the consumers of Malaysia.
I am sure that the increase in BR1M payments of RM1 billion (from RM4.9b in 2015 to RM5.9 in 2016) will more than offset the RM10.1 billion cuts in direct subsidies and the additional RM4.5 billion in GST which you will be collecting from our pockets.
I would also like to thank you for increasing the compensation to the toll concessionaires from RM458.7 million in 2015 to RM593.3 million in 2016 despite the fact that toll prices have been increased recently at 18 major highways. I am sure those poor toll concessionaires which have been suffering from so many years from the low compensation and the lack of toll increases will be able to enjoy their 2016.
“Congratulations” for a “People-Centric” budget for which I’m sure all Malaysians will be eternally grateful for… until the 2017 budget that is.
(P.S. This is written in a sarcastic tone of voice, in case you are wondering)
Dr. Ong Kian Ming
Member of Parliament for Serdang