Showing posts with label Vision 2020. Show all posts
Showing posts with label Vision 2020. Show all posts

Saturday, 26 October 2013

2014 Budget provides new economic platform


“Overall, the Budget is to intensify development without increasing the burden of the people in nation-building." -Tuan Haji Abdul Karim Rahman Hamzah

KUCHING: Malaysia is on a new economy platform with the tabling of the RM264.2 billion 2014 Budget, themed “Strengthening Economic Resilience, Transformation and Implement Empowering Promise”, by Prime Minister Datuk Seri Najib Tun Razak in the Parliament, yesterday.

To face global political and economic uncertainties, Najib, who is also Finance Minister, said the 2014 Budget highlighted five thrusts, namely, invigorating economic activity, strengthening fiscal management, inculcating excellence in human capital, intensifying urban and rural development, and ensuring the well-being of the people.

New Sarawak Tribune yesterday contacted several federal and state ministers and State Assemblymen for their comments on the 2014 Budget, and all of them gave the thumbs up to the budget.

Deputy Home Minister Datuk Dr Haji Wan Junaidi Tuanku Jaafar said that in the last lapse of Vision 2020 by which time the country would achieve a developed nation status. 

“The eight thrusts to achieve this through development and enhancement of the development of all the Development corridors throughout the country through infrastructure development.”

“Every aspect of service sector is given emphasis in the infrastructure development and this will enhance the tourism and shipping industries,” he said.

Junaidi said the focus on the development of the agriculture industry from all aspects, from the ground to the table, would ensure food security and non-reliance on import.