A very good day to all!
Thank you to the master of ceremony.
I am greatly honoured to speech to all of you.
How many of you known about PERWAJA's debt arrers since 17 years ago?
Do you know that the owe ads much as RM1.7 billion?
Oh...I am Zainulfaqar Yaacob, photojournalist from Information Department, directly under Chief Minister's Office.
Please do not see me as a Finance Minister yet. Hehehe
Ladies and gentlemen,
Based on the General Report of 2011, Putrajaya promised to resolve PERWAJA's debt arrers gradually until 2027.
From which source is Putrajaya getting the finance to resolve the debts arrers?
If we remember, through restructuring water asset plan, Penang Government debt arrers as much as RM600 million was resolved too.
For our sharing, the Federal Government has the power to control the main bank system, including manipulating our monetary system.
Historically, all those was done since Tun Dr. Mahathir Mohamad's Era.
That's why, the former prime minister has not ever borrowed money from IMF during the economy crisis in 1997.
By the way, we must examine the method of resolving PTPTN debts arrers.
The opposition leader, Rafizi Ramli for the last General Election said, this problem will resolve if Pakatan's Federal Government restructuring our finance from petroleum and Independence Power Plan (IPP).
In my mind, it is better we manipulate our monetary system by the main bank system like Tun Dr. Mahathir Mohamad's Era.
This something for all of you to think about.
With that, I thank you.