Guan Eng: 12MP formulated without opposition feedback

297
- Advertisement - [resads_adspot id="2"]

The 12th Malaysia Plan (12MP) was formulated without opposition feedback, said Lim Guan Eng.

“Prime Minister Ismail Sabri Yaakob is incorrect to say that for the first time, the opposition was briefed and had discussed with the Economic Planning Unit (EPU) on the 12MP, and that the exercise was fruitful,” he said in a statement today.

Bernama

“DAP states that no such briefing or discussion on the 12MP was held by EPU with the opposition.”

The DAP secretary-general said Ismail Sabri could not have mistaken the ongoing Budget 2022 consultation with the 12MP.

However, he added that Finance Minister Tengku Zafrul Tengku Abdul Aziz is consulting the opposition on the budget for next year.

On the 12MP, Lim said the plan is inaccurate in stating that the median income between Bumiputeras and the Chinese had quadrupled between 1989 and 2019, from RM500 to RM2,000.

According to the former finance minister, the median Bumiputera household income was RM680 in 1989, while the median Chinese household income was RM1,180 in the same year – making a difference of RM500.

“In 2019, the corresponding figures were RM5,400 for Bumiputera households and RM7,400 for Chinese households. The difference was RM2,000.

“As academic Lee Hwok Aun points out, while this difference has increased four times, the Bumiputera household income has grown significantly faster – increasing by 700% between 1989 and 2019, compared with 530% for Chinese households.

“Proportionately, the gap has narrowed. In 1989, the median Bumiputera household income was 58% that of Chinese households; by 2019, the proportion rose to 73%.

“While more needs to be done to narrow the gap, to state that the gap has widened in only absolute, not proportional terms is technically dishonest.”

The Bagan MP said it is also inaccurate to report only statistics at the national level, without taking into account urban and rural differences.

“Rural incomes are lower. The national median Bumiputera household income is deflated with the inclusion of rural households.

“The non-Bumiputera population is much more urbanised. The more valid household income comparison is between urban Bumiputeras and urban non-Bumiputeras.” – TMI