First things first. PM8 is not giving us RM250 billion lah, he is just giving us RM2 billion more than what Najib gave us .
Najib's BRIM was RM8 billion. PM8's extended BRIM is RM10 billion or just RM2 billion extra.
So no need to angan angan that we have a knight in shining armour. The lyrics to this song goes like this :
Angan-angan
Biarlah berbatasan
Jangan sampai penantian
Berpanjangan
Angan-angan
Hanya indah dikhayalan
Yang harus engkau hadapi
Kenyataan
The KENYATAAN or the fact here is EPF may well end up funding up to RM200 billion which comes up to about 20 per cent of EPF strength, based on Tun Mahathir, statement that the fund has more than a trillion in cash (our money lah)
Well all this was announced in February by Tun M. 🙄😂🤣👇
https://www.thestar.com.my/business/business-news/2020/02/27/highlights-of-stimulus-package.
The break down of PM8's RM250 billion is roughly
1/ RM100 b on bank deferment
2/ RM10b of epf deferment
3/ RM40b for 12 x 500 epf withdrawal
4/ RM20b announced by Tun earlier
5/ RM50 b government guarantee danajamin bond for qualified businesses.
What this means is the public money is FUNDING almost everything 🤣🤣🤣🤣
When Najib spent RM8 billion on BRIM, RM45 billion went missing from 1MDB.
Will RM10 billion in BRIM now, result in RM50 billion danajamin bonds doing a David Copperfield.? Only time will tell...for now Malaysians can merely watch PM8 angan angan and hope it doesnt turn out to be yet another *mimpi buruk*