Wednesday, 11 May 2011

MINISTRY OF FINANCE 2012 BUDGET CONSULTATIVE COUNCIL MEETING

Before an annual budget is passed in Parliament, the Ministry of Finance (MOF) went through various cycles to meet and debate with the grass root, private sectors, government agencies and  Non-Governmental Organisation (NGO) to construct the budget. There is no exception for next year budget too and part of the process flow was the Budget Consultative Council meeting that was chaired by the Prime Minister YAB Dato Seri Haji Mohd  Najib Tun Haji Abdul Razak himself. Click HERE for the full MOF budget formulation process.

The theme for next year's budget is "Transformasi Bersama Rakyat" or "Together Driving Transformation". Prior to the council meeting, 124 companies from the Private sectors & NGOs, and 75 government agencies were asked to submit our memorandum on our perspectives, views and 'wish-list'. The companies from the private sector were as follows:


1. Airasia Bhd 
2. American Malaysian Chamner of Commerce (AMCHAM)
3. Asian Strategy and Leadership Instutite
4. Associated Chinese Chamber of Commerce & Industry of Malaysia (ACCCIM)
5. Association of Banks in Malaysia
6. Association of Consulting Engineers Malaysia (ACEM)
7. Association od Development Finance Institutions Malaysia (APHM)
8. Association of Islamic banking Institution Malaysia (AIBIM)
9. Association of Malaysia Hauliers (AMH)
10. Association of Private Hospitals of Malaysia (APHM)
11. Association of Stockbroking companies of Malaysia
12. Branding Association of Malaysia
13. Chartered Tax Institute of Malaysia (CTIM)
14. CIMB Group (CIMB)
15. Consumerism, Environmental and Human Rights
16. Consumers Association of Penang (CAP)
17. Dewan Perniagaan Melayu Malaysia (DPMM)
18. Dewan Usahawan Bumiputra Sarawak
19. Dewan Usahawan Bumiputra Sabah
20. Dewan Usahawan Industri Desa (DUID)
21. DiGi Telecommunication Sdn Bhd (DiGi)
22. East Coast Economic Region Development Council (ECER)
23. Environmental Management and Research Association of Malaysia (ENSEARCH)
24. EU_Malaysia Chamber of Commerce and Indsutry (EU.MCCI)
25. Federal land Development Authority (FELDA)
26. Federation of Investment Managers in Malaysia (FiMM)
27. Federation of Malaysian Consumers Association (FOMCA)
28. Federation of Malaysian Freight Forwarders (FMFF)
29. Federation of Malaysian Manufacturers (FMM)
30. Federation of Public Listed Companies Berhad (FPLC)
31. Federation of Women Entrepreneur Associations of Malaysia (FEM)
32. Green Purchasing Network Malaysia (GPNM)
33. Institute of Democracy and Economic Affairs (IDEAS)
34. Instutite of Strategic and International Studies Malaysia (ISIS)
35. Institute of Value Management Malaysia
36. Institute of Engineers, Malaysia (IEM)
37. Institute of Surveyors, Malaysia (ASM)
38. Iskandar Regional Development Authority (IRDA)
39. Japanese Chamber of Trade and Industry Malaysia (JACTIM)
40. JETRO Kuala Lumpur
41. Karyawan Malaysia
42. Khazanah Nasional Malaysia
43. Life Insurance Association Malaysia (LIAM)
44. Lim Kok Wing University College of Creative Technology
45. Logistics and Supply Chain Association o Malaysia (LSCom)
46. Majlis Belia Malaysia
47. Majlis Kebajikan dan Pembangunan Masyarakat Kebangsaan Malaysia (MAKPEN)
48. Malausia Green Building Federation
49. Malaysia Healthcare Travel Council (MHTC)
50. Malaysia Medical Association (MMA)
51. Malaysia Nature Society (MNS)
52. Malaysian American Electronics Industry (MAEI)
53. Malaysian Associated Indian Chambers of Commerce & Industry (MAICCI)
54. Malaysian Association for the  Blind (MAB)
55. Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS)
56. Malaysia Association of Creativity and Innovation (MACRI)
57. Malaysian Association of Hotel Owners (MAHO)
58. Malaysian Assoctiation of Hotels (MAH)
59. Malaysian Association of Private Colleges and Universities (MAPCU)
60. Malaysian Association of Tax Accountants (MATA)
61. Malaysian Biotechnology Corporation Sdn Bhd
62. Malaysian Chamber of Mines
63. Malaysian Crime Prevention Foundation (MCPF)
64. Malaysian Ecotourism Association
65. Malaysian Employers Federation (MEF)
66. Malaysian Federation of the Deaf (MFD)
67. Malaysian Franchise Association (MFA)
68. Malaysian Healthy Ageing Society
69. Malaysian Indian Council of Commerce Industry and Community Development (MICCICD)
70. Malaysia Institute of Accountants (MIA)
71. Malaysian Institute of Certified Public Accountant (MICPA)
72. Malaysia Institute of Economic Research (MIER)
73. Malaysian International Chamber of Commerce and Industry (MICCI)
74. Malaysian Investment Banking Association (MIBA)
75. Malaysian Iron and Steel Industry Federation
76. Malaysian Medical Relief Society (MERCY Malaysia)
77. Malaysian Pepper Board (MPB)
78. Malaysian Rating Corporation Berhad (MARC)
79. Malaysian Retailers Association (MRA)
80. Malaysian Rubber Glove Maniufacturers Association (MARGMA)
81. Malaysian Shipowners Association (MASA)
82. Malaysian Timber Council
83. Malaysian Venture Capital and Private Equity Association (MVCA)
84. MAXIS Communication Bhd (MAXIS)
85. Maybank Investment Bank Berhad (Maybank)
86. Minority Shareholder Watchdog Group
87. Monash University Malaysia
88. National Association of Private Educational Institutions Malaysia (NAPEI)
89. National Council of Sernior Citizans Organisations Malaysia (NACSCOM)
90. National Council of Women Organisations Malaysia (NCWO)
91. National Kidney Foundation of Malaysia
92. Newcastle University Medicine Malaysia (NUMed Malaysia)
93. Northern Corridor Implementation Authority (NCER)
94. Olympic Council of Malaysia
95. Pelabuhan Tanjung Pelepas (PTP)
96. Persatuan Ekonomi Malaysia (MEA)
97. Persatuan Insurans Am Malaysia (PIAM)
98. Persatuan Kebangsaan Pekebun Pekebun Kecil Malaysia (PKPKM)
99. Persatuan Mencegah Dadah Malaysia (PEMADAM)
100. Persatuan Orang Orang Cacat Anggota Malaysia (POCAM)
101. Persatuan Pemborong Binaan Malaysia (MBAM)
102. Persatuan Pengasih Malaysia (PPM)
103. Persatuan Pengilang dan Industri Perkhidmatan Bumiputra Malaysia (PPIPBM)
104. Persatuan Pengusaha Restaurant India, Malaysia (PRIMAS)
105. Persatuan SENIMAN Malaysia
106. Persatuan Usahawan dan Industri ICT Bumiputra Malaysia (NEF)
107. Perrubuhan Arkitek Malaysia
108. Petroliam Nasional Berhad (Petronas)
109. PROTON Edar Dealers Association Malaysia (PEDA)
110. RAM Holdings Berhad (RAM)
111. Rangkaian Pengangkutan Integrasi Deras Sdn Bhd (RAPID KL)
112. Real Estate and Housing Developers Association Malaysia (REHDA)
113 . Regional Corridors Development Authority (SCORE)
114. Sabah Economic Development and Investment Authority (SDC)
115. SHELTER Home for Children
116. SIME Darby Plantation
117. SMI Association of Malaysia (SMI)
118. Sri Murugan Centre
119. Syarikat Prasana Negara Berhad (SPNB)
120. TA Securities Bhd
121. Telekom Malaysia (TM)
122. The Association of the Computer & Multimedia Industry of Malaysia (PIKOM)
123. Westports Malaysia Sdn Bhd
124. World Wide Fund for Nature (WWF)
125. bank Negara Malaysia
126. Bursa Malaysia Berhad
127. Cyberview Sdn Bhd
128. institute Integriti Malaysia (IIM)
129. institute Kefahaman Islam malaysia (IKIM)
130. Jabatan Akauntan Negara (AG)
131. Jabatan Alam Sekitar (JAS)
132. Jabatan Imigresion Malaysia
133. Jabatan Peguam Negara
134. Jabatan Pengajian Tinggi
135. Jabatan Penilaian dan perkhidmatan Harta (JPPH)
136. Jabatan Perancangan bandar dan Desa Semenanjung Malaysia (JPBD)
137. Jabatan Perangkaan Malaysia (DOS)
138. Jabatan Perkhidmatan Awam (JPA)
139. Jabatan Perpaduan Negara dan Integrasi Nasional
140. Kastam diRaja Malaysia (KDRM)
141. Kementerian Belia dan Sukan (KBS)
142. Kementerian Dalam Negeri (KDN)
143. Kementerian Kemajuan Luar bandar dan Wilayah (KKLW)
144.Kementerian Kerja Raya (KKR)
145. Kementerian Kesihatan (MOH)
146. Kementerian Pelajaran Malaysia (MOE)
147. Kementerian Pelancongan Malaysia (MOTUR)
148. Kementerian Pembangunan Wanita, Keluarga dan Masyarakat (KPWKM)
149. Kementerian Penerangan, Komunikasi dan Kebudayaan
150. Kementerian Pengajian Tinggi (MOHE)
151. Kementerian Pengangkutan (MOT)
152. Kementerian Perdagangan Antarabangsa & Industri (MITI)
153. Kementerian Perdagangan Dalam Negeri, Koperasi dan Kepenggunaan (KPDNKK)
154. Kementerian Pertanian dan Industri asas Tani (MOA)
155. Kementerian Perumahan & Kerajaan Tempatan (KPKT)
156. Kementerian Perusahaan Perladangan dan Komoditi (KPPK)
157. Kementerian Sains, Teknologi dan Inovasi (MOSTI)
158. Kementerian Sumber Asli dan Alam Sekitar (NRE)
159. Kementerian Sumber Manusia (KSM)
160. Kementerian Tenaga, Teknologi Hijau dan Air (KeTTHA)
161. Kementerian Wilayah Persekutuan dan Kesejahteraan Bandar (KWPKB)
162. Kumpulan Wang Simpanan Pekerja (KWSP)
163. Labuan Financial Services Authority (Labuan FSA)
164.Lembaga Hasil Dalam Negri (LHDN)
165. Lembaga Kemajuan Perindustrian Malaysia (MIDA)
166. Lembaga Minyak Sawit Malaysia (MPOB)
167. Lembaga Pembagunan Industri Pembinaan Malaysia (CDIB)
168. Lembaga Pembangunan Langkawi (LADA)
169. Malaysia Productivity Corporation (MPC)
170. Multimedia Development Corporation Sdn Bhd (MDeC)
171. National Economic Advisory Council (NEAC)
172. Parlimen Malaysia
173. Pejabat Ketua Pengarah Kesihatan
174. Pejabat Ketua Pengarah Pelajaran
175. Pejabat Ketua Stiausaha Negara
176. Perbadanan Pembangunan Perdagangan Luar Malaysia
177. Perbendaharaan Malaysia
178. Performance Management and Delivery Unit (PEMANDU)
179. Pertubuhan Keselamatan Sosial (PERKESO)
180. Polis Diraja Malaysia
181. SME Corporation Malaysia (SME CORP)
182. Suruhanjaya Komunikasi dan Multimedia Malaysia (MCMC)
183. Suruhanjaya Pencegah Rasuah Malaysia (SPRM)
184. Suruhanjaya Pengakutan Awam Darat (SPAD)
185. Suruhanjaya Sekuriti
186. Talent Corp Malaysia
187. UDA Holdings Berhad
188. Unit Inovasi Khas (UNIK)
189. Unit Kerjasama Awam-Swasta (UKAS)
190. Unit Permodenan tadbiran dan Perancangan Pengurusan Malaysia (MAMPU)
191. Unit Penyelaras Pelaksaan (ICU)
192. Unit Perancang Ekonomi (EPU)
193. Univerisiti Kebangsaan Malaysia (UKM)
194. Universiti Malaya (UM)
195. Universiti Malaysia Sabah (UMS)
196. Universiti Malaysia Sarawak (UIMAS)
197. Universiti Putra Malaysia (UPM)
198. Universiti Sains Malaysia (USM)
199. Universiti Teknologi Malaysia (UTM)
200. Universiti Teknologi MARA (UiTM)

The above are representation from every sector and industry available in Malaysia from arts, movie producers to Automotive, heavy industry and telecommunication. Having received our memorandums, we gathered for a 4-hours of debate, discussion and Q&As at the Multi-purpose Hall, Ministry of Finance that start at 9am this morning.

The council was open for registration at 8:00am. YAB Prime Minister & Minister of Finance arrived at 8:55am and the meeting began with an Opening Speech by YAB Prime Minister. YAB PM then continued to chair the meeting and explained that the session will be divided into 3 sections with the Macro view being the first, secondly, the Sectoral issues and Micro as the second part.


On the Macro perspective, the first resolution was tabled by Mr Sreedhara Naidu, Principal Provectus on "Institutionalizing Value Management". The second speaker was Tan Sri Dr Munir Majid, Chairman Malaysia Airline whom spoke on "Enhancing Creativity of Human Capital".

After a 15 minutes Q&A, the session was continued with the Micro aspect and the first speaker was Dato' Wong Siew Hai, Chairman Malaysian American Electronics Industry whom presented the topic "Upscaling the Competitive Edge in Manufacturing". The second speaker, President Malaysia Service Providers Confederation (MSPC) Datuk Haji Zakaria Hashim spoke on "Spurring Higher Value Service Industries". The sectoral issue ended with a Q&A session.

The final topic on Sosial issue was tabled by Mr Richard Wee Thiam Seng, Council Member for the National Young Lawyers Committee (Putik Lada) on "Strengthening Participation of the Rakyat in Nation Building". The second presenter was Mr Wan Saiful Wan Jan, Founding Chief Executive Institute for Democracy and Economic Affairs (IDEAS).

I was attracted by Richard Wee Thiam Seng's proposal to expose the school children on Federal Constitution to educate the public from the youngest generation. I also share the same idea as Wan Saiful Wan Jan whom had worked with the Conservative party, United Kingdom to eradicate all duplication in authorities. Wan Saiful Wan Jan proposed to reduced the number of Ministries and civil servants.

This was my 4th MOF Budget Consultative Council meeting. I attended the meeting with PEDA Vice-President Lee Lick Sai. There were so much to digest over the 4 hours meeting but the council meeting was fruitful and productive. Although various details are kept discreet on this blog but I felt responsible to blog on the Council's meeting as I believe many Malaysian are not aware of the lengthy process before a budget is tabled to Parliament.



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