Taken from PoliTweet.Org
This graph shows the budget surplus trend as a percentage of GDP from 1996 – 2012. Since 1998 there has been a budget deficit.
A budget deficit occurs when the government spends more than it receives in revenue. Deficits are financed by borrowing, which increases public sector debt. This is not necessarily a bad thing, as government spending can help stimulate economic growth and benefit society through welfare, healthcare and measures dealing with job loss and owning property. This can become necessary during a recession.
What is important for voters is ensuring that the government works to reduce the deficit, so it does not remain high or increase over a sustained period. This can be seen from 2000 – 2007. The original budget deficit estimated for 2009 was 3.6%. It ultimately turned out to be 7.0%. Why?
In 2008/2009 there was a global recession and Malaysia experienced negative GDP growth and lower projected revenue. The export-focused manufacturing sector was the hardest hit. The government implemented stimulus packages (RM 67 billion) and other measures to help the economy. This brought the economy from a negative GDP growth of -1.6% in 2009 to a positive growth of 7.2% in 2010 (5.4% when compared to 2008 GDP figure).
Barisan Nasional has allocated RM 232.8 billion for Budget 2012, and aims to bring the deficit down to -4.7% of GDP.
Pakatan Rakyat has allocated RM 220.5 billion for Budget 2012, and aims to bring the deficit down to -4.4% of GDP.
Ahmed Kamal
12 October 2011
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Figures used in this graph:
Format: Year – Deficit (% of GDP)
1996 : 0.7
1997 : 2.3
1998 : -1.8
1999 : -3.2
2000 : -5.8
2001 : -5.5
2002 : -5.6
2003 : -5.3
2004 : -4.3
2005 : -3.6
2006 : -3.3
2007 : -3.2
2008 : -4.8
2009 : -7.0
2010 : -5.6
2011 : -5.4
2012 : -4.7









Laporan Audit 2010, yang dibentangkan di Dewan Rakyat hari ini, menyatakan bahawa dana yang disediakan di bawah program rangsangan ekonomi kedua untuk membantu golongan miskin meningkatkan pendapatan mereka.
Dapur gas dua pembakar pada harga RM200 setiap satu, dan bukannya RM59.90
Laporan tersebut mencatatkan bahawa sebahagian besar pembelian dibuat melalui rundingan terus, tidak melalui tender terbuka – dan tanpa kelulusan daripada Kementerian Kewangan.
Laporan itu juga mencatatkan beberapa peralatan termasuk pengadun dan pengisar yang dibeli di bawah tahap keupayaan sebenar untuk digunakan mengadun kek dan oleh itu, ia tidak boleh digunakan.

