The Malay contribution to the GDP is very, very little....

by outsyedthebox

Finally, I want to share my Teh Tarik Economic Theory with the DG of the JPA and all other Malay Civil Servants. Read this carefully.

This is Malaysia's GDP - plus minus lah. It is between RM1,400 Billion  - RM1,500 Billion. 

A very large part of this GDP is generated by the non-Malays. If you ignore the oil and gas sector maybe close to 100% of the GDP is generated by the non-Malays.

The Prime Minister said Malay corporate wealth is less than 17%. (This includes the GLCs, amanah saham etc). One Minister  said Malay share of the economic growth is less than 10%.  Someone else said the Malay share of the economy is less than 7%.

Tak kisahlah whether 17% ke, 10% ke, 7% ke just understand this - the Malay contribution to the GDP is very, very little. 

Here is a soalan cepu mas - is this very low level of contribution to the GDP because the Malays work very, very hard or because the Malays do not work very hard? Please answer honestly.

Now please look at that teh tarik GDP example again. The Governments tax collection is about RM160 Billion. That is all the tax the government collects. The rest of the governments revenue comes from oil earnings, dividends etc. The annual Budget was RM332 Billion for 2022 - a big portion of that comes from borrowing money.

But the tax collection remains around RM160 Billion. 

Now this is also the source of money to sustain the Malay economy. The Government spending for projects, paying the 1.7 million mostly Malay Civil Servants, paying the 1.3 million mostly Malay GLC workers, bailing out the failing bumiputra run GLCs, bailing out large bumiputera oil and gas companies, bailing out the pilgrims fund, bailing out the peneroka F_lda etc etc, paying for scholarships etc.

Now the people who generate that RM1,400 GDP are mostly the private sector people. Mostly non-Malays.  They work very hard and plenty of the SMEs work SIX DAYS a week.  

In my first job in Penang I worked for a company where we worked SIX days a week, until 6PM every day. 

These are the people (mostly non Malays) who contribute that RM160 Billion tax collection every year.

Now the Malay-run Civil Service wants to use this RM160 Billion tax money generated by hard working mostly non-Malay people so that you can enjoy a FOUR DAY work week?

Your days are certainly numbered.

By Syed Akbar Ali at July 01, 2022