UMNO Youth Deputy Chief, Khairy Jamaluddin, rightly criticised the current subsidy structure where the rich benefits more from the Government's subsidy scheme than the poor.
What was however interesting was when Khairy claimed that:
In all, the government had to foot RM35 billion, or 25 percent of government income, lamented Khairy during the debate on economy and education at the Umno assembly today.Now, this RM35 billion figure is absolutely new to me. For the last I checked, specifically at the Goverment's 2007 and 2008 budget, the subsidy levels are no where near the purported figure given by the Member of Parliament and possible Minister in the making.
Based on the Budget figures provided by the prime minister's office, the subsidies allocated by the Government amounts to only RM12.2 billion and RM10.2 billion for 2007 and 2008 respectively, as shown in the table below.
rakyat's sympathy for the government which has wasted billions of the rakyat's tax payers monies in all manners possible?
Or on the other hand, more worryingly, did the Government published budget figure totally inaccurate and hides the fact that the Government (mis)allocates an incredible amount of funds to subsidise parties of unknown origins?
I've always had my suspicions and skepticisms over the manner by which the Government produces their budget numbers (e.g., the discrepancy of RM8 billion (!) expenditure between the Prime Minister's budget speech versus the published Economic Report), but if the above discrepancy is indeed "true", then it's absolutely shocking!