KOTA KINABALU: The weakening of the ringgit enhances the marketability of commodities and manufactured goods.
Special Tasks Minister Datuk Teo Chee Kang said it was easier for to promote tourism because it is cheaper for foreigners to visit the State when asked to comment on the Prime Minister announcement on the revision of the national budget 2015 yesterday.
Teo who is also the LDP president said LDP welcomed the strategies and measures announced by the Prime Minister which were pragmatic in dealing with the challenges faced in view of the changing global economy.
He said there would be cut in operating expenditure, deferment of national service programme, reschedule of the acquisition of non-critical assets, but there would be no compromise in development budget.
“Plans for major infrastructure projects including the Pan Borneo Highway remain intact. The nation’s fiscal consolidation shall also continue as planned,” said Teo.
Despite the expected set back in government revenue, he said the rebuilding of damaged in the flood affected areas would be prioritised.
“The initial funding of RM800 million to be spent for such purpose shows that the government cares for the people,” he added.
Teo recently inspected the roads and bridge damaged by the latest flood at Kampung Barambangon in Kudat.
The flood had affected 25 homes at Kampung Barambangon and displaced 126 villagers, who went to stay with friends and relatives or longhouses nearby during the flood.
Teo, who is also Tanjung Kapor Assemblyman, along with Kudat Community Development Leader (CDL) Datuk Peter Chin, liaison secretary to the Minister of Special Tasks Albert Kok and others, visited the village to inspect the damage caused by the flood.
Teo also instructed the relevant authority to repair the damaged bridge and roads to improve accessibility for the villagers. By Bosco Wong/Sayangsabah.