Need efficient and clean civil servants to face the financial tsunami
DAP National Deputy Chairman and MP for Kepong Dr Tan Seng Giaw calls on all civil servants to work harder, becoming more efficient and cleaner, to help the people to face the economic downturn.
This means that the Federal Government must be determined to deal with irregularities such as corruption, and the five states under Pakatan must show leadership by example: clean, fair and humanitarian.
Dr Tan made the call on 2.11.2008 during the Ordinary Convention of the Federal Territory of Kuala Lumpur.
The recent financial tsunami has impact on the world including Malaysia. Although the Government insists that the economy has been diversified, that it would not go into recession and that the GDP growth for 2008 is estimated at 5%, Malaysia is definitely affected by the financial tsunami.
Oil price has plummeted from more than USD 140 per barrel to more than USD 60 per barrel. The Government has decreased the price of petrol to RM2.05 per litre and the formula for rebate will be changed. However, the price of goods must go down accordingly. It is equally important that 1.2 million civil servants buck up, becoming more efficient and clean, helping to reduce the burden on the people.
The civil servants must be more efficient and clean. The people must be very careful, preparing to face the economic woes.
Dr Tan Seng Giaw
posted by Tan Seng Giaw @ 11/04/2008 02:47:00 PM
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The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, analysts say. The dotcom bubble burst in 2000 and the collapse of the World Trade Centre, a mighty symbol of US economic and financial prowess in 2001, made Alan Greenspan, the then chief of the US banking regulator, the Federal Reserve, believe that a US recession was a certainty and it had to be staved off.
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