Assignment: Macroeconomics

Topics: Malaysia, Barisan Nasional, Najib Tun Razak Pages: 2 (404 words) Published: February 23, 2013
(DEC 0023)


The purpose of this report is to know more about the 2013 budget and also known as a Najibnomics by YAB Dato’ Sri Najib Tun Haji Abdul Razak . Najibnomics is the creative and innovative ideas,policies,strategies and programmes of the Prime Minister,Dato’ Sri Najib to lift the nation towards a high-income and developed economy by 2020.the 2013 Budget continues the excellent tradition of the Barisan Nasional in prospering the country and improving the well-being of the rakyat.This is a manifestation of a promise fulfilled.As the theme that Najib gave is 1 Malaysia People First Performance Now. It is proven beyond doubt that the Malaysian economy is centred on the rakyat.Its ithe outcome of the vision and aspiration of the rakyat.The economy is the contribution of the rakyat in urban and rural areas. Above all,the economy is managed carefully and prudently by a Government which places the well-being of the rakyat as its ultimate objective.This the formula for the success of Malaysia. The Budget allocation for 2013 is rm251.6billion for the implementation of development projects,programmes and measures,with focus on the well being of the rakyat and national development. Or this amount ,rm201.9billion is for Operating Expenditure while rm49.7billio for Development Expenditure. There’s many type or enhancing well being of the rakyat . There are BR1M which is rm500 to family income below rm3000 and rm250 to individual income below rm2000.there’s also Kedai Rakyat 1 Malaysia,Klinik Rakyat 1 Malaysia,Kedai Kain 1 Malaysia and also Kedai Buku 1 Malaysia . For a student , they provide with Baucar Buku 1 Malaysia together with Kad Siswa 1 Malaysia , rm100 cash to school students and so many more . The 2013 Budget will focus on improving rakyat’s quality of life.The government will ensure that the rakyat enjoys excellent...
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