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‘Jedi’ master criticises Malaysian government

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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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