MIC BBS Youth Leader Prasad Sandrasegran on Tabung Harapan

Statement on Tabung Harapan

Tabung Harapan , an initiation by Pakatan Harapan whom asked the Rakyat to voluntarily donate to reduce the nations debts

the Pros of this initiative is that Government will get extra income and increase the revenue , FYI collecting 100mil is still a small amount for a governments revenue

The Cons of this initiative is that The Rakyat whom already paying various taxes are now asked to fund in via Tabung Harapan & Investors Abroad will have no confidence in investing in Malaysia as the perception of Pakatan Harapan relying on the Rakyat to help settle governments debt is projected , there are a lot of initiative to boost FDI , initiation of Tabung Harapan will bring more setback then positive impact

Thus I would urge the Pakatan Harapan Leadership with the support of the experienced Council of Eminent to come up with better initiative to boost Governments FDI thats doesn't project bad on Investors Confidence

For the Betterment of Malaysia

Prasad Sandrasegran
MIC BBS Youth Leader