October 18, 2010

note : budget 2011 recently announced



2011 Budget  was presented by Prime Minister and Finance Minister Datuk Seri Najib Razak in the Dewan Rakyat. With the theme "Transformation Towards a Developed and High-Income Nation", the 2011 Budget will centre on the following four key strategies:


1. Reinvigorating private Investment;
2. Intensifying human capital development;
3. Enhancing quality of life of Malaysians; and
4. Strengthening public service delivery


3 things at least that i'm happy with, which am pretty much sure most of you out there share the same boat :) i.e :

1. Competency Level Assessment or PTK to be abolished and replaced with a more suitable evaluation system by June 2011 - Thank God! -

2. Reduce the burden of civil servants in coping with schooling expenses by providing a Special Financial Assistance amounting to RM500 to all from Grade 54 and below, including contract officers and retirees - alhamdulillah -

3.Govt to allow flexibility to self-determine fully-paid maternity leave, not exceeding 90 days from the current 60 days. This facility is subject to a total of 300 days of maternity leave throughout the tenure of service. - double yeayy! -

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