National Council of Professors
It may sound great that the new
administration of Najib is advised by the National Council of Professors.
Is it the first time this is happening and
for what reasons?
Before NCP advise the Government, would you
like to comment on the proposal of GST at 7% by Idris Jala who always to avoid
answering any public questions for fear of being belittled by such off the cuff
effort from the floor? Where do you
think Jala had “plagiarized” that GST would bring RM27b in revenue? That is the
assumption that the economy would be retained with GST implemented. So has Jala considered that the local
consumption especially in Sabah and Sarawak would likely to shrink in the first
year or two and also possibly could crash some sectors of the industries when
black market can exist as such black market could be forced on the traders and
the consumers especially when the prices of most goods and services including
essential items could rise beyond the reach of many people on wages and fixed
incomes including many millions of pensioners or senior citizens without
pension.
So by whatever basis Jala had considered the
RM27b, it is only from the angle of revenue, but the Government on the verge of
bankruptcy in 2019 would surely pull forward this bankruptcy in Malaysia as
predicted due to the weight of accumulating deterioration of the financial
position of many in the low income group that the Government would be forced to
provide financial impetus to bring relief to those suffering from the
introduction of GST at 7%.
When the traders have excessive stock of
taxable goods not sold over extended period or giving extended credit to
middlemen with difficulty in collection, such traders would not be able to
sustain themselves in business with the associated burden of financing their
businesses.
That scenario is exacerbated with many
consumers postponing consumption of items of 7% GST and traders would not be in
the position to recover the 7% GST paid by the traders earlier.
When such tough times arise, the Government
may have to intervene and RM27b may not be enough to minimize the damage in the
business communities. Anyone can imagine
the dire consequences in the political implications. If illegitimate BN Government wants to
implement GST so soon after GE13, please
do not fix the rate at 7% in the Act but subject to review by the Minister
concerned over the first few years so that the business communities and the
consumers can be guided by progressive
implementation.
Whatever to happen to prices in the context
of GST, it is surely the essential controlled items would also go up in prices
as the impact of GST is inevitable. Also
wages and salaries would not go up in matching proportions.
Now back to the National Council of
Professors. I would like to see the
profile of all these professors to be posted in a public domain especially in
the Internet.
Not all professors are good as I have seen
some very questionable with known fake qualifications. I had been asking many questions in public
forums, seminars, conferences to test how good and how qualified these doctors
and professors are. Some of them are
scared of questions from the floor hence many such Q&A sessions are left to
the last of such event with little time to give answers. Some moderators even try to block difficult
or sort of sensitive questions. I have
seen a professor in history/geography also a doctor who claimed she came from
Kudat and yet when it come to point to Kudat in the Sabah map, her fingers
pointed to the wrong place. There was a
professor / doctor who went to the toilet after I asked some questions hence no
replies. There may be a few good
professors around but these good ones do not ‘carry foot’ and I hope this
National Council of Professors are truly men of integrity and not scurrying
favour to be vice chancellors of some higher institutions. Also how practical are these professors to be
appointed to the NCP?
Also I hope the NCP is transparent in such
public affairs. I hope to meet some of
them in their circuits around Malaysia
to gather the required feedback to give value to their recommendations.
The system of Governance of Malaysia had not
worked well and therefore need a total revamp.
We need a new system to bring focus n the important sectors so that we
can measure the performance of the massive fund expended over 55 years with
questionable results and not to burden the people with profligacy. We have seen the critical views of the
Auditor General for decades and little improvement or corrective measures have
been effective to do damage control.
I know I have in mind of a very good system
of Good Governance for Malaysia
to be emulated by other countries.
In a nut shell, Malaysia is like many organisations
where increasing costs are pushing revenue to be increased artificially
unjustified leaving a very big gap of the wealth disparity in society. Such scenario can only be sustained when
there is genuine growth of productivity and not printing the currency, Better we cut the shirt with the cloth we
have.
So NCP and Jala start cracking on this
approach in good and bad cycles of times.
Joshua Y. C. Kong
PM of IGGG Malaysia (Designate)
No comments:
Post a Comment