A month later, how does Tabung Harapan's collection compare to everything else? | Malaysia



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  Taman Tun market merchant Dr Ismail donates to Tabung Harapan Malaysia June 12, 2018. - Photo by Ham Abu Bakar
A Taman Tun market trader Dr Ismail donates to Tabung Harapan in Malaysia on June 12, 2018. – Photo by Ham Abu Bakar

KUALA LUMPUR, July 5 – The national crowdfund Tabung Harapan Malaysia (THM) has exceeded the RM132 million mark to date.

In its first month month of last birthday last Friday, the fund reached RM130,917,831.30 . But it can be difficult to imagine such a vast figure in itself. So we thought to oppose it to other figures in the country to help give some perspective.

It is certainly derisory in relation to the debts and debts of the country which would amount to 1 trillion RM (RM1 billion), the latter being It is also 8.4 times smaller than the Estimated value of luxury items RM1.1 billion (RM1,100,000,000) and the money seized by the police related property Datuk Seri Najib Razak compared to surveys 1Malaysia Development Berhad (1MDB) [19659005] However, it would exceed 114 million RM seized – including about RM52 million cash and some 60 million RM of bank accounts – by the -Corruption Commission (MACC) in October 2016 of two senior officials of the Department from the water of Sabah. It was the biggest blow in the history of the anti-corruption agency for a case of corruption .

  A wide range of cash in ringgit and foreign currency, gold jewelry, land titles and luxury watches and handbags were seized from two senior officials of the Sabah state agency in a transplant investigation . October 5, 2016. - Picture by Julia Chan
A series of cash in ringgit and foreign currency, gold jewelry, land titles and luxury watches and handbags were seized from two senior officials of the Sabah state agency in a transplant survey. October 5, 2016. – Photo by Julia Chan

Well, what about the federal government's revenue and spending for 2018? This represents an estimated amount of RM 239.9 billion and estimated at RM 280.25 billion, or about 1 832 and 2 140.65 times more than a month's collection of THM.

The perception of the controversial Goods and Services Tax (GST), was zero-rated from June 1 reached RM 41.206 billion in 2016 and about RM 41.5 billion in 2017. The Government tax collection, including the GST in 2016 is RM 169.343 billion, and RM 1801.194 billion in 2017.

Such figures tend to overshadow the nearly RM 311 million of the THM collection during the period from May 30 to June 29, with even the annual program of assistance in cash 1Malaysia People's Aid (BR1M) renamed by the government of Pakatan Harapan costing a total of RM 6.12 billion for more than 7,08 million households this year

Is it useless?

But around RM131 million is nothing to sneeze, as such an amount is sufficient to perform pr For example, after the speech of the budget 2018 90 million of RM can fund 10,600 Malaysians under MyBrain program for masters and doctoral studies, RM 114 million can be used to build 14 new sports complexes

Even RM 50 million would be enough to help 5,000 students Orang Asli under the community food aid program

An allocation of RM 420 million in the 2018 budget RM 300 million for Sabah and Sarawak – will provide drinking water 3,000 rural households, while RM 672 – including 620 million RM for Sabah and Sarawak – will provide electricity to 10,000 households in rural areas.

Posts allocated in the 2018 budget include training programs, subsidies and subsidized loans for small and medium-sized enterprises via SME Corp (RM 200 million), a rubber replanting program and tex production (RM 200 million), special fund for the upgrading and maintenance of schools nationwide (550 million RM), and RM100 school aid to 3.2 million students from households to low income (RM328 million). promised that all members of THM – which was created on [30mai1945] as a result of similar initiatives by citizens – will only be used to serve the government's debts . Malaysia as an avenue for them to show their patriotism in the country. – Photo by Yusof Mat Isa "title =" Some people consider Tabung Harapan Malaysia as an avenue for them to show their patriotism in the country. – Photo by Yusof Mat Isa "/>

Some consider Tabung Harapan Malaysia as an avenue for them to show their patriotism to the country. – Photo by Yusof Mat Isa

Patriotism Show

When one thinks of the sum of nearly RM131 million that Malaysians have managed to pay to the THM fund in just 30 days, this translates into an average from about RM4.36 million a day. Which is really impressive.

In fact, Malaysians contributed RM 7.8 million in the first day of Tabung Harapan in Malaysia. The highest daily collections of the one – month period were recorded on June 25 (RM 15.53 million) and June 26 (RM 18.25 million).

Imagine that each of the 28,723 million Malaysian citizens) gave just a small single amount of RM4.56, which alone is enough to reach a total figure of nearly RM131 milllion in 30 days .

Although there are critics of THM with some views as being ineffective, others see it as a way for them to express their love for the country and to contribute in every way possible, including this 12 year old schoolboy who decided to give up his eight months of RM214.60 savings for a battery.

For more interesting facts and the collection trend for Tabung Harapan Malaysia, click here to read this Malay Mail report . For a summary of what RM1.1 billion can buy, click here . [19659009]

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