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Malaysia Budget Date Sets Course for General Election

Malaysian Budget 2013

Prime Minister Dato’ Seri Najib Tun Razak has announced yesterday that he will be tabling the 2013 Budget on September 28, 2012. According to the Prime Minister, the budget would focus on quality and balanced growth as well as the people’s well-being.

The announcement was made during his keynote address at the 2013 Budget Consultation Session. Held annually, it is a government initiative to ensure the people’s overall views and participation are taken into accounts when drawing the budget.

The Prime Minister also said the government has to provide equal opportunities for education and employment to ensure a higher quality of life for the people. The government would also focus on increasing productivity and innovation to strengthen competitiveness to compete in the global market.

The announcement however has dampened the June/July election speculation which many analysts had been expecting. With the new announcement, many are now speculating that the 13th General Election will be held sometime after the September tabling of the 2013 Budget.

Looking at the current economic and political conditions, is it wise to hold the 13th General Election after the tabling of 2013 Budget? What do you think?

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