Malaysia

Give detailed funds breakdown of Covid-19 stimulus packages, TI-M urges govt

Distribution of aid should be debated in Parliament, scrutinised by PAC, says organisation

Updated 5 years ago · Published on 08 Jul 2021 2:13PM

Give detailed funds breakdown of Covid-19 stimulus packages, TI-M urges govt
The federal government has rolled out various stimulus packages both for fiscal and non-fiscal spending worth more than RM500 billion since the Covid-19 outbreak began early last year. – The Vibes file pic, July 8, 2021

KUALA LUMPUR – Transparency International Malaysia (TI-M) has called on the government to be transparent about the status of various stimulus packages that have been rolled out since early last year, when the country was first hit by Covid-19. 
 
The anti-corruption group’s president, Muhammad Mohan, said that the government has been rolling out various stimulus packages both for fiscal and non-fiscal spending worth more than RM500 billion.  

He stressed that the government should table information about the roll-outs in the upcoming Parliament sitting for debate to ensure good governance, transparency and accountability.

“The government should demonstrate greater transparency, integrity and accountability by making public how all these huge stimulus packages were disbursed,” he said in a statement today. 

“It should allow the opposition and the public to question the decision-making and distribution process for the betterment of the nation and, particularly, those in need in these troubling times.  

“The Public Accounts Committee should also be allowed to scrutinise these huge expenditures,” he said. 

The statement was issued in conjunction with the release of TI-M’s report titled “Covid-19 & Malaysian SMEs: A study on the effectiveness and transparency of government aid” today.

The study revealed that 64% of respondents from SMEs expressed confidence in the transparency, integrity and accountability in the federal government’s aid process.

The TI-M study finds that 52% of the SMEs say they had diverted Prihatin and Penjana funds to sustain their businesses and to pay for other operational expenditures, apart from the reasons the funds are allocated for. – The Vibes file pic, July 8, 2021
The TI-M study finds that 52% of the SMEs say they had diverted Prihatin and Penjana funds to sustain their businesses and to pay for other operational expenditures, apart from the reasons the funds are allocated for. – The Vibes file pic, July 8, 2021

“However, 52% of the SMEs acknowledged that they had diverted the Prihatin and Penjana funds to sustain the business and to pay for other operational expenditures, apart from the reasons allocated for.  

“The research also finds that, while the SMEs are generally aware about the federal government aid, 65% of the respondents were not aware about state government aid. 

“Among the challenges and effectiveness of the aid disbursements, as cited by SMEs, it was mentioned that procedures were not clear, criteria too rigid and quota too limited,” he said.

The study also revealed that 8% of the SMEs claimed that bribery and corruption were necessary to obtain the Penjana and Prihatin assistance, with the involved parties mainly from banks, the federal government, agencies and local government. 

“The lower level of corruption could be due to the online application method used by the government instead of direct contact between the SMEs and public officials.  

“Thus, the government should continue to encourage the public to use online applications to mitigate any risk of bribery and corruption, and, at the same time, improve internet connectivity throughout the nation.”

Ways to improve future aid delivery

Based on the ​study, Muhammad said the government could look into ways to improve future aid delivery to the public.  

In the same statement, he said the government should loosen qualifying criteria and reduce bureaucracy, besides engaging more with trade associations and unions to comprehend issues faced by SMEs on the ground.  

“Subsidies and aid should be centralised and have similar processes or mechanisms to avoid confusing members of the public. 

“Public communication channels, such as social media and mainstream platforms, should be utilised to convince the people and businesses that aid programmes and assistance are consistently monitored and audited,” he said.  

To date, Putrajaya has unveiled eight economic packages worth RM530 billion in total to address the crisis since the virus outbreak hit Malaysia. – The Vibes, July 8, 2021

Related News

Malaysia / 1w

MP to raise commingled oil cargo tax uncertainty in Parliament

Malaysia / 2w

Datuk Seri charged with embezzlement of company funds exceeding RM37 million

Malaysia / 1mth

No discussions yet regarding general election – Zahid

Malaysia / 1mth

BNPL users hit eight million as outstanding balances reach RM5.3b

Malaysia / 1mth

Syed Saddiq walks free: Federal Court upholds acquittal

Malaysia / 2mth

Speaker reminds MPs not to skip parliamentary sessions

Spotlight

Malaysia

Anwar: Children’s smiles, dreams are Malaysia’s future (video)

Heritage

Penang first state to recognise Hungry Ghost Festival, cemeteries as heritage

Malaysia

Child malnutrition needs urgent action, says Charles Santiago

By Alfian Z.M. Tahir

Malaysia

Zahid: Umno, BN favour earlier GE16

World

Trump floats renaming Strait Of Hormuz ‘Trump Strait’ amid Iran conflict

Malaysia

Weak earthquake measuring 3.4 magnitude detected in Keningau

Malaysia

Stepfather held over alleged rape, sexual assault of 13-year-old in Besut

Malaysia

Toying with danger: Police tracking owner of MPV

You may be interested

Malaysia

Police probe viral teen fight over social media photo in Kuala Pilah

Malaysia

Court of Appeal halts bankruptcy threat against Najiib and son over RM1.73 billion tax bill

Malaysia

‘I will quit if Zahid asks me to, not anyone else’ - Asyraf Wajdi

Malaysia

Reform agenda takes shape as government pushes ahead with wider changes

By The Vibes Says

Malaysia

Malaysians held abroad help crack cross-border drug networks - Home Minister

Malaysia

Anwar: ‘Government stable, GE16 timing up to me’

Malaysia

77 Malaysians brought to Kathmandu for repatriation as 55 remain unaccounted for

Malaysia

Six Malaysians held over RM45 million drug haul linked to co-pilot