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1100m can give whole 21 age To 55 age Malaysian rm80 TnG EWallet To spend ( valid date 6 months ) whole Malaysia economy will be super good . Not burn like this . Meaw
@usman everybody spend rm100-500 more , become 3000m To 6000m economy circle , then gov tax back 13-25% income tax the money Go To back gov again . This is How good economy run .
You got it wrong. Rm1.1billion is not free money to Sapura. They have to pay back. If the company is bankcrup, gov got their asset as MDH is secured creditor. Please do your homework. If sapura succeed with the new management, they will also pay the 10 billion loan to the malaysian bankers. Please note that the banks are also agreed to these schemes after their due deligents. If you dont give the 1.1billion, sapura will go bankcrupt and banks loose all the 10 billion and pnd lost all their investment. The rm80 this the free money that do not have to pay back to gov. I think you don’t understand the logic in economics. The spill over from rm80 is peanuts
That is why China economy boost these few months , maybe you don’t under how circle run and how it work . Rm80 force to spend at least 300 to valid. So it is 6-10 billions economy circle , and gov may have chance to get back more maybe give out 1B , but tax gain 2-3 b in return , Rich ppl will spend more , and find helped poor categories too . You don’t understand , meaw don’t blame you , maybe you still don’t know why China shares all go to high level . At current situation.
