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Economy 101

Anything to do with economy, budget, taxpayers money and trade

Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?

National Budget Malaysia Economy Deficit

Malaysia always had a deficit national budget where The Government had always spent more than what it can collect except for the so-called golden years between 1993 to 1997 when the budget recorded a surplus and also low deficit budgets in between. Image source: Trading Economics.

Read More »Budget 2023: Why We Are Not Addressing Financial Leakages & Wastages?

Budgeting 101: Easy Project – Replacing Dead Air Conditioner Electrical Switch

Electrical Diagram

When there is a fault in the electrical systems in the house, it pays greatly to have some background knowledge on using the right tools and what the different colours of the electrical cables mean. Thankfully the electrical semantics at home is not so completed when it comes to changing the bulb or adding electrical appliances to an existing setup. Image source: Flickr.

Read More »Budgeting 101: Easy Project – Replacing Dead Air Conditioner Electrical Switch

Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?

Sri Lanka Riot External Debt

COVID-19 pandemic, public funds mismanagement and corruption have driven some countries into severe external debts that they were unable to recover from and this saw massive public riots that had driven the politicians involved out of their country. One such example is Sri Lanka where the President of the country had fled the country and the country is in a major riot. Image source: BBC

Read More »Economy 101: Seriously, Is Malaysia’s External Debt As Bad As Sri Lanka?