10
Nov
15

Slash in Higher Education Budget ‘frightening’

Nik Nazmi: Slash in Education Budget ‘frightening’

The development expenditure for Higher Education was at its lowest since Najib Abdul Razak became Prime Minister.

SHAH ALAM: The most worrying aspect of Budget 2016 was the RM1.4 billion decrease in Higher Education budget, said Sri Setia assemblyman Nik Nazmi Nik Ahmad.

“The government will justify by saying that the slash was in line with its Higher Education Blueprint, which seeks to encourage self-funding by Universities.”

However, he added, the large amount slashed does nothing to help this cause given that the Blueprint has only been announced this year and the universities have only had several months to come to terms with it. “The development expenditure for the Higher Education budget was also at its lowest since Najib Abdul Razak became Prime Minister, and at 12.04 per cent of the total budget, it’s a marked decrease from the 34.55 per cent of the total allocated budget in 2010.”

The government appears to have given up on higher education altogether and would rather gamble on the fate of the future generation in order to close the financial potholes caused by Najib’s administration, charged Nik Nazmi. “Budget 2016 is nothing but a sign of Najib’s selfishness and incompetence. With an obvious focus to fish for rural votes, Barisan Nasional (BN) has effectively declared war on the middle class.”

“BN’s Budget 2016 leaves much to be desired, as we are seeing nothing but a rehashed fiscal strategy from Najib’s first year as Prime Minister.”

The middle income group continues to be left out in the cold, and although the wealthy will face higher taxes, the administration has done nothing about corporations, while the lower income group was still burdened by GST as the rest of the people, said Nik Nazmi who is also Selangor Exco for Education, Human Capital Development, Science, Technology and Innovation.

It is well known that the quality of local higher education institutions has been on a decline, “even though the country itself was brimming with talent”, said Nik Nazmi. “The brain drain issue is well documented. The government is supposed to inspire greater confidence in the IPTAs. However, the budget announcement has in fact dampened the mood.”

“Such inconsideration will definitely raise plenty of issues.”

…more
Nik Nazmi: Slash in Education Budget ‘frightening’
October 27, 2015 – FMT

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