Budget 2013 pumps in more money for vocational education. However, with the vast amount of low-cost foreign labour available, who is really going to hire the skilled workers that Malaysia is producing?
Every year, eyes are peeled and ears are pricked for the Budget speech by the Prime Minister. The speech, unfortunately, is more theatre than substance. It highlights populist measures and dangles enticing carrots in the name of caring for the rakyat.
But, are these glorified goodies really weeding out the root of the problems, or merely slashing at the stems? What cure does Malaysia’s economy really need? Does Pakatan Rakyat’s Alternative Budget offer better solutions, or are their proposals just as questionable? REFSA reveals the real deal behind the razzle-dazzle in our all new infographic series Budget 2013: Behind the Theatrics.
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