Khazanah’s Authorised Comments on Budget 2015
MEDIA STATEMENT Kuala Lumpur, 10 October 2014 Khazanah’s Authorised Comments on Budget 2015 By Tan Sri Dato’ Azman Hj. Mokhtar, Managing Director In articulating the distinction between the Capital Economy and the “EKR” (Ekonomi Keperluan Rakyat) or the “People Economy”, Budget 2015 has asked the most important economic question of our times – how to balance both in a progressive, equitable and sustained manner? For a while now, progress on the macro-economic level has been little felt at the microeconomic firm, let alone at the average household and individual level. In that regard, Budget 2015 marks a watershed in trying to address the challenge of balancing the two more precisely and sensitively, and, in emphasising EKR first, making a correct humanistic policy choice. That is nonetheless the easier part. The critical issue is how to design and implement such policy. In this regard, in Budget 2015, Khazanah and our companies look forward to continue playing our part, for example in projects and initiatives such as HSBB 2, Trust Schools, and infrastructure building, where both macro-capital imperatives and micro-inclusive objectives are addressed. End For further information on Khazanah, please visit www.khazanah.com.my or contact Mohd Raslan Md Sharif at +603 2034 0000, or e-mail at [email protected]. About Khazanah Nasional Berhad Khazanah is the strategic investment fund of the Government of Malaysia entrusted to hold and manage the commercial assets of the Government and to undertake strategic investments. Khazanah is involved in various sectors such as power, telecommunications, banking, healthcare, airport management, infrastructure, leisure & tourism, property development, broadcasting, investment holding and technology. Some of the key listed companies in Khazanah’s investment portfolio include Telekom Malaysia Bhd., Tenaga Nasional Bhd., CIMB Group Holdings Bhd., Axiata Group Bhd., IHH Healthcare Bhd., Malaysia Airports Holdings Bhd. and UEM Sunrise Bhd. For further information, please visit www.khazanah.com.my
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