Khazanah’s Authorised Comments on Budget 2015

MEDIA STATEMENT
Kuala Lumpur, 10 October 2014
Khazanah’s Authorised Comments on Budget 2015
By Tan Sri Dato’ Azman Hj. Mokhtar, Managing Director
In articulating the distinction between the Capital Economy and the “EKR” (Ekonomi
Keperluan Rakyat) or the “People Economy”, Budget 2015 has asked the most important
economic question of our times – how to balance both in a progressive, equitable and
sustained manner?
For a while now, progress on the macro-economic level has been little felt at the
microeconomic firm, let alone at the average household and individual level. In that regard,
Budget 2015 marks a watershed in trying to address the challenge of balancing the two more
precisely and sensitively, and, in emphasising EKR first, making a correct humanistic policy
choice.
That is nonetheless the easier part. The critical issue is how to design and implement such
policy. In this regard, in Budget 2015, Khazanah and our companies look forward to continue
playing our part, for example in projects and initiatives such as HSBB 2, Trust Schools, and
infrastructure building, where both macro-capital imperatives and micro-inclusive objectives
are addressed.
End
For further information on Khazanah, please visit www.khazanah.com.my or contact Mohd Raslan Md Sharif at
+603 2034 0000, or e-mail at [email protected].
About Khazanah Nasional Berhad
Khazanah is the strategic investment fund of the Government of Malaysia entrusted to hold and
manage the commercial assets of the Government and to undertake strategic investments.
Khazanah is involved in various sectors such as power, telecommunications, banking, healthcare,
airport management, infrastructure, leisure & tourism, property development, broadcasting,
investment holding and technology. Some of the key listed companies in Khazanah’s investment
portfolio include Telekom Malaysia Bhd., Tenaga Nasional Bhd., CIMB Group Holdings Bhd.,
Axiata Group Bhd., IHH Healthcare Bhd., Malaysia Airports Holdings Bhd. and UEM Sunrise
Bhd.
For further information, please visit www.khazanah.com.my