KUALA LUMPUR: Pakatan Harapan’s Budget 2020 is a capitalist budget because it serves the rich and ignores the poor, says Opposition leader Datuk Seri Ismail Sabri Yaakob. “Most importantly, we can summarise that Budget 2020 is a capitalist budget that leaves behind rural areas of Malaysia. “The rich are prioritised, while the poor and needy aren’t cared for, ” he said during his speech on Budget 2020 in Parliament on Monday (Oct 14). Ismail Sabri argued that several initiatives introduced in Budget 2020 were aimed at safeguarding the interests of capitalists, such as income tax exemption for new investments in international theme parks. Ismail, who’s the former Agriculture and Agro-based Industry minister, said under Budget 2020, the fishermen allowances was a mere RM250, compared with RM300 under the former Barisan Nasional administration.

Source: The Star October 14, 2019 08:48 UTC