Daim’s Maiden Budget

Speech by Parliament Opposition Leader, DAP Secretary-General and MP for Kota Melaka, Lim Kit Siang in Dewan Rakyat on the 1985 budget on October 24, 1984

I congratulate the new Finance Minister, Daim Zainuddin, for delivering his maiden Budget last Friday – and if I am not mistaken, it was also his maiden speech in Parliament.

Daim Zainuddin’s budget has another distinction in that it provoked a public protest and demonstration in Johore Bahru on Sunday for its being a “rich man budget”, at a period of deteriorating economy and worsening poverty arising from escalating prices of essential foodstuff and scarcity of low-cost housing. Continue reading Daim’s Maiden Budget