Monday, October 24, 2016

Deep Cuts in Tertiary Education

The Malaysian government appear to be less passionate about tertiary education.
Under Budget 2017 announced on Friday, fifteen of the 20 public universities in the country will have to make do with a lot less money.
Ten of them are expected to face massive cuts ranging from over 10 percent to over 31 percent. And five other universities in the list are expected to have their funding shaved of between RM93,500 (-0.06 percent) to RM10.56 million (-4.74 percent).
The remaining lucky five will have marginal increases in the operating budget of between RM3.83 million (1.88 percent) and RM13.61 million (8.85 percent).
Taken as a whole, the 2017 budget for twenty universities' combined operating expenditure will be RM6.12 billion, which is a deep slash of RM1.46 billion or 19.23 percent from the allocation of RM7.57 billion in 2016.
Malaysian education is already going downhill. Now we can expect it to nosedive, as quick as a bunny.
Is this an ominous sign that our Treasury is running out of money?
Only PM-cum-Finance Minister Najib Razak knows! Maybe he can be persuaded to make a donation to the national coffers?  
Rangers faced Glasgow rivals Celtic in the Scottish League Cup semi-final on Sunday. And the latter managed to win 1-0 to book their place in the final where they will meet Aberdeen on November 27.
Celtic had a mountain of chances. It was criminal to see a wastefulness in front of the goalmouth. And only in the eighty-seventh minute did Moussa Dembele's heel convert Leigh Griffiths' cross to give them the winning goal.

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