KUALA LUMPUR: Pakatan Rakyat has presented its 'shadow Budget', which aims to, among others, reduce the national deficit to 4.4% of the country's Gross Domestic Product (GDP).
Announcing the 'Shadow Budget' of RM220bil here, Opposition Leader Datuk Seri Anwar Ibrahim said it would include a RM1,000 bonus for senior citizens with annual income of less than RM18,000 as well as for qualified housewives.
Pakatan also proposed that the minimum wage be set at RM1,100, an annual allowance of RM1,000 to be given to mothers to encourage them to enter the workforce, and re-imposing various taxes on luxury items like handbags and branded clothes.
"We aim to reduce the deficit to a reasonable level so that public services are not disrupted," he said in Parliament Tuesday.
The Pakatan budget, said Anwar, would also propose cutting the Prime Minister's Department's expenditure by RM10bil and re-distributing it to the other ministries.
tunku : it's easy to just make a budget when you don't have the responsibilities to fulfill it. it is just like a copy paste budget, cut here, paste there, give here and give there without having a burden to fulfill it. they did not tell in detail from where they will get the income. anyone can make a budget like this.have they(pakatan) done that in the states they are ruling? big question mark there.