Budget 2009.
Friday, January 23rd, 2009Budget. Well, I was never that concerned with the Budget except for my own. Hee hee..:P But hey this year I was definitely concerned with the nation’s budget. I guess it is probably due to the current economic climate that got me kinda worried and tuned in to the Budget.
So the Budget was announced yday and it wasn’t all that bad afteralls. Before the announcement, there were like news that our govt was like going to use the reserves and at that moment, I was like wondering how much does our govt have for reserves? I was like talking about it with my colleagues when it was mentioned that we would be tapping into our reserves.
And hence the day has come and our govt has indeed tapped into our reserves! My god. The papers today were like so many news on Budget! =_+ Not only a whole section was covered on Budget in Business Times but another section in The Straits Times! Well I was doing my daily news reading for work so you can imagine I was like rushing thru all the articles as I wanted to send the Weekly News updates to my colleagues and mgmt before the end of today and moreover I was like on half day afternoon leave.
Wah. Dinch expect the govert to have so much reserves! They are like spending billions to boost the economy and keep the jobs of Sporeans. Hey I aint complaining about that since it meant all the good for everyone in town! : ) And yesh they do think of us, their people by coming up with various schemes to assist us and boost the economic growth. : D
Especially the jobs part. In order to keep Sporeans employed, they are paying companies money to keep us employed. Wow. That is really nice lor. No doubt I am a bit worried about my job there. Hm, no doubt my company is a strong economy but hey it is an interlinked cycle outta there. All the other companies in other industries are affected and when they are, we are as well. So no matter what, my company is affected also lor. Was like having head count and pay freeze lor. So here the govt is like reimbursing for Sporeans being employed. Guess there is a lesser case for concern now.
But the reserves part is really amazing. Never did I expect a small lil tiny red dot on the World Map does have so much reserves.
So those lil things that the govt is taxing is all coming to use now huh? Hee hee..:P
But seriously the economy is really not doing all that well man. Everyday I read about like low growth rate, retrenchments, shutting down, some billionaires committing sucide etc..
Am still waiting for the day when I will finally read about some extraordinary growth worldwide! But think that day would probably take a long while to come.
Meanwhile, lets appreciate what the govt is doing so far for the home that we live in. : )
