Not easy to fix 60-year-old system left by previous govt: Malaysia DPM Wan Azizah

https://www.channelnewsasia.com/news/asia/not-easy-to-fix-60-year-old-system-left-by-previous-govt-11307326

https://www.export.gov/article?id=Malaysia-Banking-Systems

http://www.bnm.gov.my/index.php?ch=en_publication_catalogue&pg=en_msb&ac=256&lang=en

https://www.researchgate.net/figure/The-Malaysian-Financial-System_tbl1_237290675

https://en.wikipedia.org/wiki/Ministry_of_Finance_(Malaysia)

Fix your Banking System First. Determine if your Finance minister is able to impliment reforms across your banking system with a reform plan. Borrow from future earnings to use at present Do likewise the ECB has done if you cannot see your future. Most important is to make your banks recession proof. – Contributed by Oogle.

 

Malaysia-high-education-loans-repayment-ptptn-11316048

The government must be able to first determine the demands of each sector, the numbers of jobs required, either thru past statistical data or surveys, so as to match the graduates to the anticipated jobs available:

1) Determine an applicant’s suitability for the job and the posibilty of default for the loan. Other than an aptitude test on the areas of interest, the govt must be confident the applicant can definitely find a full time job in their areas of interest.

2) Those who fall out of the system and are unable to repay their loans, the govt can work with NGOs to make it compulsory to do community service to reciprocate so that benefits can be returned to society.

It is not impossible to work with IMF/World Bank to lower your risks of default by knowing the defaults of demand and supply from the United Nations on global trends. The default rate is high because you do not know the market dynamics and you give out loans without calculating the risks of default. In this way, you can reach a level of sustainability so you can fulfill your election promises.

https://www.reportlinker.com/

https://link.springer.com/article/10.1023/A:1017572119543

https://www.un.org/youthenvoy/2015/04/education-2000-2015-third-countries-reached-global-education-goals/

https://en.unesco.org/gem-report/report/2019/migration

Contributed by Oogle.

Author: Gilbert Tan TS

IT expert with more than 20 years experience in Multiple OS, Security, Data & Internet , Interests include AI and Big Data, Internet and multimedia. An experienced Real Estate agent, Insurance agent, and a Futures trader. I am capable of finding any answers in the world you want as long as there are reports available online for me to do my own research to bring you closest to all the unsolved mysteries in this world, because I can find all the paths to the Truth, and what the Future holds. All I need is to observe, test and probe to research on anything I want, what you need to do will take months to achieve, all I need is a few hours.​

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