It's Payback Time, Penang

Federal Government Cuts 80% Off Penang's Budget Allocation

GEORGE TOWN: Penang’s Federal Government allocation for development has been cut by almost 80% after the 9th Malaysia Plan (9MP) mid-term review in June and the state government is demanding an explanation.

“In 2006, the state’s development allocation under the 9MP was set at RM6.152bil out of the total allocation of RM200bil, which roughly equals to 3.1%.

“After the mid-term review, the allocation has been cut by some RM4.7bil despite the 9MP’s increased total allocation to RM230bil. Currently, Penang’s allocation stands at RM1.452bil or 0.6% of the total allocation,” said Chief Minister Lim Guan Eng.

He said the cut in allocation was aimed at punishing Penangites.

“The state is very dissatisfied and angry with the Federal Government’s acts that are no different from acts of sabotage on Penang’s economy,” he said.

JR: "This is what you get for rejecting BN" seems to be the message here. I guess this is what we deserved for "creating history" in Penang. There is nothing for Penangites to worry about though, as BN has only one more term to go before they are HISTORY. Anyway, you can't miss something you never had, or never wished for!