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By Dr Abang Azhari Hadari

THE Prime Minister delivered his Budget 2015 speech last Friday. Datuk Seri Najib Tun Razak admitted “the biggest challenge I face in administering Malaysia … is how to balance between policies that are populist in nature as compared to those policies based on economic and financial imperatives”.

Well, in fact the Prime Minister has not done badly in that score in balancing between the so called capital economy and the people’s economy and hence defying some commentators’ allegation that our PM is completely focusing on populist handouts and giveaways.

Why is that so? On one hand, while the PM is adamant in steering Malaysia towards an economy based on knowledge, high skills, expertise, creativity and innovation. This is how he intends to guarantee that the future of our children and grandchildren is secure by strengthening fiscal governance including narrowing the fiscal deficit. He is doing so that the things that matter like GDP growth, per capita income, private investment, credit ratings, the stock market index etc are taken care of.

At the same time, he has not forgotten about the daily lives of the rakyat. The PM also gives emphasis to the cost

The New Economi Model (NEM) launched by government has improved the quality of life of many Malaysian throughout the country. The rural population, particularly people in Sabah dan Sarawak has benefitted much from the gobernment rural development programme. Between 2010 and 2013, 4.5 million people have come out of poverty. The mean income level of a household has increased tremendously, hitting RM 2007 in year 2013 and expected to exceed RM 2,300 by 2015. Many lower income Malaysias from all

Malays do not feel ashamed of failures anymore, lamented Tun Dr Mahathir Mohamad. He admitted that he failed to change the mentality of the Malays in his 22 years as prime minister. “I spend 22 years trying to change the Malays but I admit I failed. However, there are a few success stories,” he said in his remarks after launching a book by Anas Zubedy on Thursday. Dr Mahathir lamented at the laziness of the Malays saying “if anyone asks me today, I would have to say Malays are lazy.” He said

LANGKAWI, March 17 (Bernama) -- The Maritime Surveillance Aircraft (MSA) and F/A-18E/F Super Hornet are among the platforms Boeing will showcase at the Langkawi International Maritime & Aerospace Exhibition (LIMA) in Malaysia, March 17-21, 2015. Other key Boeing capabilities featured include the AH-6i Light Attack/ Reconnaissance helicopter and the ScanEagle from Boeing subsidiary, Insitu Pacific.

The MSA applies advanced, proven, fielded intelligence, surveillance and reconnaissance