This means, a BN sovereign government's debt had in fact exceeded 65 percent of a gross domestic product (GDP) as well as it shows which a supervision had clearly violated a Loan Act 1959 as well as a Government Funding Act 1983 which stated a limit limit of 55 percent to a GDP ratio.
Just look during how a supervision debts had increased all these years:
So, what would happen in between five to 10 years time if a debts were to go on to increase? Maybe, in five years a debt would fire up to 100 percent as well as in 10 years time a republic would go all bankrupt, broke in a clarity which there would be zero left in a Treasury other than a little depreciating assets.
The spending direction of a supervision has been off-balance given 2003 as well as no genuine efforts were being initiated to quell such disastrous elements inside of a government.
Just look during how did all these orthodox bodies as well as supervision related companies (GLC) took a loans from a government? Yes, they taken a supervision loans in billions too but how were a amends like? No one knows of a agreement inside of as all these were stated as confidential or "rahsia" in their files.If anyone were to take this up to a public, a supervision will then beginner a Official Secrets A! ct (OSA) against them.
And this is how a BN government, a orthodox bodies as well as a GLCs have been covering up all their misdeeds, corruptions, mismanagement of open supports as well as power abuses.
These BN leaders could give whatever reasons they one but we all still perspective such issue as something was not right as well as a supports has been blatantly abused.
Lastly, hands off a Employees' Provident Fund (EPF) savings! This is warning.
More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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