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FOMCA Urges Government To Focus On Four Sectors In Budget 2015

[ 24-09-2014 ]
FOMCA Urges Government To Focus On Four Sectors In Budget 2015
KUALA LUMPUR, Sept 24 (Bernama) -- The Federation of Malaysian Consumers Associations (FOMCA) hopes the government would concentrate on four sectors -- agriculture, health, education and public transportation -- in the 2015 Budget.

Its president, Datuk Dr Marimuthu Nadason, said on agriculture, the government needed to develop the idle land to ensure adequate food supply in the country.

"There are close to 800,000 hectares of idle land nationwide and there is a need for a long-term plan to develop them," he said.

Marimuthu said this in an interview with Bernama TV here yesterday.

He said the government needed to spend 4.5 per cent of the overall budget on the health sector, which was in line with the requirement of the World Health Organisation.

The government also needed to give special attention on education considering that the 
National
 Higher Education Fund Corporation (PTPTN) was seen to be unable to give adequate assistance, he said.

He said the government must also increase the allocation to improve public amenities and infrastructure.

Marimuthu, who is also chairman of Consumer Research and Resource Centre, said the centre would give its full support to the implementation of the Goods and Services Tax (GST) by giving the information to the consumers.

"We have already held over 50 sessions on the GST, including to companies which have registered for the tax," he said.

According to Deputy Finance Minister, Datuk Chua Tee Yong, as at Sept 21, 2014, over 44,500 companies have registered for the GST and between 1,000 and 1,500 firms registered daily.

About 300,000 firms nationwide are required to register for GST and the government expected 140,000 companies to register by year-end.

-- BERNAMA
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