This blog-writing-activity and all ‘NGO’ works have to stop for a while, as I’ve got less than 2 months for my exam. As the stake on the table is quite high (USD990xRM3.67 charged by Mastercard for the exam fees), failing this paper may affect me both emotionally and financially for quite a long period of time. Resitting will cost me another USD600. Thanks to God, as the exchange now is better, despite a sharp depreciation of Ringgit a month ago, resitting (God forbid) will cost me less.

People say, kalau nak seribu daya, kalau taknak seribu dalih. Yes surely the old Malay saying is very true. But in this case, to be frank, not only that I have no 1000 efforts, but also no 1000 excuses. It’s just that I need to concentrate more on this. Futur? You may say so as for now.

And this blog was not frequently updated anyway.

Before I leave this blog for good, there is one teka teki for us to ponder.

2009 budget deficit is 5.6%. For your info, in simple terms, surplus or deficit will be calculated based on the difference between income and budgeted expenditure. This difference is then will be divided with the nation’s GDP, hence we get the percentage. This deficit will then need to be funded through domestic or inter-governments borrowings. And as there is no free lunch in this world, the borrowings come with interest that need to be serviced by the government. For more accurate definition of deficit please wikipedia it.

One of the finance minister said that the deficit will contract next year, as the government anticipated a higher dividend payout from the nation’s cash-cow, Petronas, on the assumption of oil price exceeding USD125 per barrel.

And as of the second day of raya, 3rd October 2008, after Bush signed the infamous USD700b bailout, price of oil per barrel is only USD93.97. Remember also the borrowings’ interest that need to be paid next year.

As an assignment, please ponder on next year’s deficit as well as the reasons on why the government seems to be too hesitant in reducing the fuel price further. I am ok with the reason of reducing the burden of fuel subsidy as to subsidise stapple foods supply, but what we see is beras, pulut, tepung, ayam, daging semua naik harga gilo2…..mana p stockpiling mechanism?

Mengikut formula kerajaan ketika menaikkan harga minyak :
Harga Minyak Global 1 Tong = USD 93.97 (bersamaan dengan RM 325.70)
1 Tong bersamaan dengan 159 liter
Nilai Ringgit sekarang berbanding Dolar = RM 3.466
Harga satu liter > RM 325.70 / 159 liter = RM 2.0484
Subsidi kerajaan = RM 0.30
Harga sepatutnya > RM 2.0484 - RM 0.30 = RM 1.7484 (harga sepatutnya)
Harga sekarang = RM 2.45 sen
Beza kerajaan tipu Rakyat Malaysia = RM 2.45 - RM 1.7484 = RM 0.7016 per liter.

Hmmm….quoting tukartiub,  ‘inilah KKK, bukan klu klax klan tetapi korupsi, kronisma dan klentong….dan KKK = kah kah kah…’

Terima kasih Malaysia BN