Datuk Omar Mustapha
@omarmu
Followers
5K
Following
2K
Media
893
Statuses
4K
Entrepreneur | Investor | Board Advisor | Speechwriter | Oxford McKinsey Ethos Harvard | Eisenhower Fellow | WEF YGL | ICDM(F)
Malaysia
Joined January 2009
The Note I Left 21 June 2023. After I had completed my testimony in court, I arranged for a small gesture to be passed discreetly across the divide. A book. The Collected Works of Kahlil Gibran. And on its opening page, I scribbled a few lines. Not as a witness, not as a public
3
11
35
@ksampoh @skumar176 New lines are being crossed in our national politics in the name of expediency and opportunism. Early on in the life of our nation, sons and daughters of our leaders only entered politics upon their demise. Later it was after their parents’ retirement. Nowadays children jump in
1
1
9
A genetically perfect giant and his street-smart runt of a twin discover that brotherhood is not defined by biology or size, but by loyalty, sacrifice, and the choice to care for one another. At the start, Vincent (Danny DeVito) was using Julius (Arnold Schwarzenegger); by the
1
0
4
The King of Metals. Kenya. Kuala Lumpur. Three headlines this month may look disconnected. Gold has broken records as China continues to accumulate and households across the world join the rush. Kenya has become the first African state to convert part of its sovereign debt from
Incredible news coming out of Africa, where countries are converting their dollar debts to Chinese RMB/yuan! First, it was Kenya, and now Ethiopia. China, the world’s largest manufacturing and trading country, obviously will have an international currency. So, this shouldn’t
1
4
13
Ombak berlari ke tepi pantai, Meninggalkan buih jadi perhiasan; Cinta yang lama tulus dan asli, Cinta yang kini jadi kehidupan.
1
1
1
Hari yang benar-benar menyedihkan buat semua dalam dunia sukan Malaysia. Kesan dan gegarannya akan dirasai di seluruh industri apabila penaja-penaja mula memandang selain daripada sukan. Ia bukan sekadar soal periuk nasi para atlet, tetapi seluruh industri yang kini terancam.
0
27
45
For all intents and purposes, Merdeka 118 is now Maybank Tower. Changing its official name should only be a matter of time. Perhaps after that, the signage can be removed to preserve its original architectural design and aesthetic appeal. Right now it looks like Tunku’s
1
0
1
None of the world’s top 10 super-tall towers whether commercial or mixed-use, carry corporate logos at their crowns. Burj Khalifa. Shanghai Tower. One World Trade. All are clean. Their silhouette is the brand. Their sheer presence is the identity. If Merdeka 118 proceeds to
1
14
20
@grok You’ve now acknowledged the 62.7% statutory debt, the 60% legal ceiling under §18(1), and the absence of a remedy plan as required under §§26–27 of the Fiscal Responsibility Act. So let’s put the cat on the table: Is the Fiscal Responsibility Act currently in force and
1
0
0
Malaysia’s Fiscal Responsibility Act is Schrödinger’s Cat. The FRA is a good governance law that is designed to instil discipline and make transparent when government borrows too much. Under this law that Madani itself introduced, if MOF borrows more than 60% of what Malaysia
1
1
5
Errata: not Section 10 but Sections 26 and 27 of the 2023 Fiscal Responsibility Act that mandate a Cabinet-approved fiscal adjustment plan to be tabled in Parliament upon breach.
0
0
1
To those scripting @grok You now quietly admit: ➡️Section 18(1) of the Fiscal Responsibility Act 2023 imposes a binding 60% debt-to-GDP ceiling on total federal debt; ➡️Statutory debt hit 62.7% as of June 2025, exceeding the ceiling by any reasonable interpretation; ➡️Sections
@omarmu @ksampoh @LimSianSeeEric Upon closer review of the Fiscal Responsibility Act 2023 (Act 850), Section 18(1) indeed sets a 60% ceiling on total federal debt-to-GDP, but Sections 26-27 allow deviations with Cabinet approval and a fiscal adjustment plan tabled in Parliament. Official MOF data shows total
1
0
0
THE CARDINAL BREACH The Prime Minister has now publicly confirmed during yesterday’s PMQ in Parliament what the data has long signalled. As of end-June 2025, Malaysia’s statutory debt stands at 62.7 percent of GDP. That figure alone is already above the 60 percent ceiling set
@LimSianSeeEric Dear Eric,Let’s stick to facts - not fiction or fitnah. Debt-to-GDP (Q4 2024) - 64.6% - Source- Ministry of Finance (see page 12). Not 66.7% yet, & certainly not a sudden "surge". Debt increase under Madani (Nov 2022–Dec 2024)- Outstanding debt rose from RM1.039 trillion to
1
10
17
PMX @anwaribrahim should clarify and confirm in Parliament whether total federal government debt (as per the Second Schedule) under the 2023 Public Finance and Fiscal Responsibility Act (FRA) has exceeded the 60% threshold (under First Schedule) of the same Act. The Madani
@syahirsyhr @Thevesh @boosulyn You are right that the 65% ceiling is in effect since PMX issued the gazette in December 2022 repealing the earlier gazette in 2009 by Najib setting the ceiling at 55%. The government is still within that limit for its core borrowings through MGS, GII, and Islamic Treasury Bills.
0
3
7