Faktor paling WOW dalam Belanjawan 2022 : Bagai Bulan Jatuh Ke Riba

is actually just a line 😁 from Altimet's BUNGA, which was released just a couple of years ago. 

Prime Minister Ismail Sabri has promised READ : Budget 2022 has wow factors to benefit all, in line with ‘Keluarga Malaysia’ concept.

My expectation is the MOST IMPORTANT WOW factor will not be in the Budget,  and that is to ensure banks  aggressively lend to the productive sectors of  the economy.

Aku jumpa 

satu brader
Tanya cam mana, dia berkata
Hey, isi ini borang
Keluar wang berkoyan
Korang jangan goyang (bayar kemudian, ooh)
Mohon terus lulus
Tandatangan terus
Siapa taknak berlambak fulus
Bagai bulan jatuh ke riba

I have explained this previously in my post STAY MACAM ROCKY, which in a nutshell states the following :

1. Residential Property loans share of total banking loans surged from 12.3% in 1996 to 34.1% in 2019 while business loans fell from 59.3% to 31.2%, reducing credit availability to more productive sectors.

2.Instead of giving out loans, fat cat banks are buying up their own shares to look good.

Banks reluctance to lend and the Government's hesitancy in ensuring that banks take a bit more risk has even forced READ : Mamak Restaurants Now at Mercy of Loan Sharks.

Yes, indeed some of the money lenders are licensed,  and have a new name READ : Kata ZURAIDA KAMALUDDIN Syarikat Kredit Komuniti dibuka elak rakyat pinjam ceti haram

Since the banks are not lending enough to the productive sectors of the economy,  perhaps its time for the Government  to give these so called 

 KREDIT KOMUNITI companies banking licenses,   so that the interest rates on their lending will come down.

These companies are very aggressive.

 I just surfed Facebook for about 30 minutes  and came across these. (PS THIS IS NOT AN Advertorial  FOR THESE ENTITIES AND MY ADVISE IS STAY AWAY FROM DEBT)

1. Loan Pemulihan

2.PINJAMAN TANPA DEPOSIT

3.WAH mahu Tolong ,Bukan Ah Long (Watch from 2.48 min onwards)