‘Jedi’ master criticises Malaysian government

Malaysia has gone through many hardships over the years, but despite the nation’s riches, its people still come out short.

Listen to the Prof KS Jomo’s on Malaysia’s economic situation.

0:00 – Interview Summary

0:40 – Introduction

1:10 – Q1) Prof Jomo’s background and his journey to become a well respected economist around the world

2:43 – Q2) What was Prof Jomo doing in the UN?

4:06 – Q3) How is it different from your work at Khazanah Research Institute?

6:40 – Q4) During the 1990s, you were quite critical about the privatisation of Malaysian institutions. Why was that?

15:26 – Q5) Was it a good move to bring back the four major highways to the government and should the government try to bring back these big services to the government?

18:40 – Q6) Government increases sales and service tax and tries to carry out tax reform – do you think it is sufficient or are there other ways they could do it?

28:45 – Q7) Unfortunately there was no report produced by the Council of Eminent Persons. Perhaps you could share with us – were there suggestions to the government based on the points highlighted just now?

34:38 – Q8) So what do you think the government should do when they have another major infrastructure project, eg MRT 3?

36:45 – Q9) One of the plans of the government is for subsidy rationalisation – tax the rich and help the poor. Do you think this is a good strategy?

39:09 – Q10) What is your opinion on how Malaysia will progress in 2024 with all the government’s current initiatives?

45:36 – Q11) Hypothetical question – if today you could produce that report as a member of the Council of Eminent Persons and submit it to the government, what would be the top priority?

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