Tuesday, March 31, 2009

The Need for Transparency in Economic Stimulus Implementation

Can u manage your wallet?

How much did u draw last from the ATM? How long did it last? On what did u spend ?

As for me, the first one is NO and I have no clue on the next 3.......

My solution nowadays is that my wife holds the ATM card and I ask for my money from her...

So now imagine how the government spend its money..........

We know how much they plan to spend......but do we know how they are actually spending it

What kind of transparency are they planning to offer us the TAXPAYERS!!!! (satD is not a Malaysian Tax resident anymore..but is very concerned about this issue)

I search high and low at the official sites on information regarding the First and Second Stimulus package....and the best i could find is this



Now let us look at America.....

They have a specific website called Recovery.gov to monitor the implementation of the American Recovery and Reinvestment Act 2009 Initiatives. It allows for every stakeholders to monitor the actual implementation of the planned initiatives and evaluate the impact to the economy in general......you can check out the site, its still in its infancy but i expect for it to grow once the data from the respective agencies are in.......

We've also heard of the creation of Project Management Unit to "oversee and manage the disbursement of funds and work carried out under the stimulus package".......so far i know nuts about them and how they plan to do their job and the level of transparency they plan to offer us their ULTIMATE tukang bayar gaji

Ahhhhh............can we have a similar approach as to the American Version.....

Kalau tak cukup duit gua boleh tolong buat website...pakai blogspot pun takpe la as long as we get the required information about how u r spending the money
Minds are like parachutes; they work best when open. -Lord Thomas Dewer