Tag Archives: funding

UPDATE 1-Malaysia’s Najib says “conscience clear” as funding scandal festers

KUALA LUMPUR Malaysian Prime Minister Najib Razak stated he had completed nothing wrong in getting hundreds of millions of dollars into his individual bank accounts, as his celebration opened its annual meeting on Tuesday amid tensions more than a festering funding scandal.

Najib has so far weathered calls for him to quit more than allegations of graft at state fund 1Malaysia Improvement Berhad (1MDB) and his receipt of 2.6 billion ringgit ($ 610.8 million) in what he says was a political donation.

But stress is mounting on Najib as the saga causes a rift among prime leaders in his United Malays National Organisation (UMNO), which has ruled the country for 58 years but appears increasingly at threat of losing the subsequent election.

In his most detailed explanation because the scandal erupted in July, Najib mentioned his conscience was “totally clear” and the truth would come out when investigations were completed.

Malaysia’s anti-corruption agency, MACC, questioned Najib over the deposits at the weekend and the commission also said on Monday that it had interviewed the unidentified donor in the Middle East.

“Firstly, the 2.6 billion ringgit is neither public funds nor 1MDB’s cash. This was confirmed by the MACC,” Najib mentioned in an interview with state television TV3.

Malaysia’s Central Bank was aware of the accounts’ existence, he stated, adding the donor did not see it as a bribe and expected absolutely nothing in return.

“It really is a donation, a gift. A donation is not illegal under any legal provision,” Najib mentioned.

The Wall Street Journal had reported in July that the funds had been discovered in Najib’s accounts by investigators probing accusations of financial irregularities at 1MDB.

Najib, who chairs 1MDB’s advisory board, has denied the income came from the fund, which is getting investigated by several foreign agencies, such as the FBI.

“TAKE A REST”, SAYS DEPUTY

The scandals have shaken investors in Southeast Asia’s third-largest economy and rocked public confidence in the coalition led by Najib’s UMNO, which has held power considering that independence in 1957.

Backing for the government among the ethnic Malay majority that forms the bedrock of UMNO’s assistance sank to 31 percent in October, from 52 percent in January, according to the most current poll from study firm Merdeka Center.

In a speech to his supporters on Monday night, UMNO’s Deputy President Muhyiddin Yassin called on the prime minister to step aside till the investigations were completed.

“I would like to recommend that the prime minister take a rest for now,” he said. “Allow the investigations to proceed freely, transparently and pretty… go on leave till the case is more than.”

Muhyiddin, who has led calls for Najib to give a fuller explanation of the IMDB affair, was ousted as deputy prime minister earlier this year.

In a break from tradition, Muhyiddin will not speak at UMNO’s annual assembly.

The uncertainty designed has hit an economy already reeling from falling oil and gas rates, with the ringgit losing almost a quarter of its worth against the dollar this year.

Najib, 62, nonetheless enjoys the backing of most of UMNO’s potent division chiefs, and even his fiercest internal critics accept that he can’t be unseated.

Analysts say there is no obvious contender to replace the embattled leader, and Najib has proved adept at playing the networks of patronage that underpin UMNO.

The opposition is also weak with out charismatic leader Anwar Ibrahim, who was jailed on charges of sodomy in February, a verdict his supporters say was politically motivated.

Amongst Najib’s most potent critics has been influential former prime minister Mahathir Mohamad, who has mentioned UMNO will drop the next election in 2018 if Najib remains in charge.

As the party gathered for its annual meeting, Najib responded to his critics with an appeal for unity.

“I want the celebration to stay united,” he mentioned in the TV3 interview. “I do not want to see the party in chaos or divided…I want celebration members to close ranks.”

($ 1 = 4.2570 ringgit)

(Extra reporting by Joseph Sipalan Editing by Alex Richardson and Nick Macfie)

Climate funding piles up, but nations argue more than how quickly

PARIS Created nations have mobilized some $ 80-$ 90 billion per year to help the poorest survive a warmer globe, delegates at Paris climate talks stated, but emerging nations dispute the figures and say a purpose of $ one hundred billion by 2020 is far from attain.

The situation is central to U.N. talks in Paris, exactly where practically 200 nations are attempting to forge a new pact on climate change.

In October, the Organisation for Economic Co-operation and Development (OECD), which represents wealthy nations, calculated that financial pledges from the developed planet totaled $ 62 billion in 2014 towards an agreed U.N. objective to attain $ 100 billion by 2020.

Since that report, new promises of funding have been produced, which includes from Britain, France, Germany and Japan, the delegates mentioned.

The OECD has yet to update its figures, but delegates at the U.N. talks stated they had employed the OECD methodology to analyze the new cash.

1 national finance professional, speaking on situation of anonymity, said the new total was some $ 94 billion, even though non-governmental organization Oxfam mentioned the figure was far more like $ 82 billion.

Creating nations, such as India, have accused the West of a lack of transparency and say the OECD vastly over-estimated the size of contributions.

An Indian finance ministry report stated “the only hard number” was $ two.two billion that was clearly climate income.

The arguments are bitter as developing nations fight for assist to deal with climate impacts they say hit the poorest hardest.

Richer nations, meanwhile, say the globe has changed since the 1997 Kyoto Protocol and countries such as China no longer count as emerging nations.

The European Union is amongst those to reject criticism it has not been transparent.

Despite its own economic crisis, it says it has been the most significant contributor of climate finance, offering 14.5 billion euros ($ 15.78 billion) in public money in 2014.

The EU has also promised to improve funding, but says creating nations need to also help with the expense of switching to reduce carbon energy and dealing with extreme climate.

“The European Union is totally ready to play its component. We have heard some say we do not live up to our responsibilities and this could not be further from the truth,” European Climate and Power Commissioner Miguel Arias Canete stated in Paris.

The OECD mentioned it had sought to provide a robust methodology, but cautioned that projecting how significantly international climate income would be obtainable by 2020 from a plethora of grants and loans, some public and some private, was complicated.

Joe Thwaites, study analyst at the World Resources Institute (WRI), said several more particulars were needed on how donations were becoming counted, but the trend was constructive.

($ 1 = .9187 euros)

(Editing by Jason Neely)

Agen Sabung Ayam

Agen Sabung Ayam – Mental wellness wants urgent extra funding to avert crisis, say trust chief executives | Claire Murdoch

Agen Sabung Ayam

The ideal way to tackle the growing NHS deficit is to deliver a lot more solutions in the community. Photograph: Alamy

The NHS is facing the greatest economic challenge in its history. Figures for the initial 3 months of the economic year reveal an accumulated NHS deficit of nearly £1bn. The independent health thinktank, the Nuffield Trust, says deficits have now turn into the “new normal” in the NHS, with four out of five trusts now in the red. The figures for the second quarter of the financial year are feared to be substantially worse.

Related: NHS facing £2bn deficit and ‘worst economic crisis in a generation’

The position for acute hospital trusts is especially challenging, with 98% of the total NHS accumulated deficit nonetheless in the acute sector. Despite an exceptional record of economic management, deficits are growing in London’s mental health trusts due to rising demand, an ageing population but fewer sources.

In 2014-15, London’s wellness commissioners spent 12% of overall health expenditure on mental health. In 2015-16 that fell to 11% – a transfer of funding from mental overall health to acute trusts. Nationally, mental ill-wellness at the moment accounts for far more than 25% of the total illness burden, but mental wellness solutions obtain less than half that proportion of NHS funding and the amount that goes to mental well being is falling.

The Cavendish Square Group, set up this year by the ten NHS mental wellness trusts in London to speak up for mental healthcare in the capital, is seriously concerned that health commissioners in London will once again raid mental health budgets to support plug the ever-expanding deficits in the acute hospital sector. It can’t be appropriate that we run the NHS on the basis of robbing Peter to pay Paul and it merely cannot go on. We have to improve spending on mental wellness solutions and we should do it now.

The very best way to tackle the expanding NHS deficit is to provide more services in the community. This is particularly true for patients who have each mental and physical overall health difficulties. The expense of caring for folks with combined mental well being and physical overall health difficulties is a lot more than £13bn a year. Increased investment in community and main mental health solutions could dramatically lessen this cost and reduce the NHS deficit.

The imminent report by NHS England’s mental well being taskforce will set out a new 5-year national strategy for mental wellness. Far more than 20,000 individuals such as service users, families, carers and clinicians, have fed their views to the taskforce. It is important that this strategy is correctly funded, with investment directed to frontline mental health services, if we are to realise the parity of esteem all the primary political parties committed themselves to just before the election.

The case for protecting and escalating mental well being budgets is compelling. We owe it to people with mental well being difficulties to guarantee services are as very good as these for folks with physical ill health. And investing effectively in mental health services is one of the most efficient techniques of rising productivity, cutting costs and decreasing the wider NHS deficit.

Correct investment in mental overall health services can have dramatic effects. North East London NHS foundation trust is piloting a new service for individuals with key mental overall health issues that involves constant and concerted engagement with the patient’s wider family or network, combined with considerably reduce prices of medication. It is a model pioneered in Finland, exactly where all healthcare employees acquire education in household therapy and connected psychological expertise. It is increasingly getting employed in Scandinavia, Germany and numerous states in America. The benefits are striking. A lot more than 70% of sufferers with a initial episode of psychosis treated via the open dialogue strategy return to perform or study and in-patient hospitalisation rates are considerably lower.

The ten London mental overall health trusts have taken huge strides to reduce the number of mental well being beds and move solutions into the community. So we can assist the acute sector to discover from our experiences.

Associated: Mental well being price range cuts putting solutions below ‘huge pressure’

We need to have higher stability by way of longer mental health service contracts and budgeting. The cost of contracting solutions for even 12 months is enormous, for commissioners and trusts. The annual budgeting cycle precludes constant, London-wide agreement on longer term high quality improvements, in favour of extended wrangling more than contract values. It is costly, inefficient and destabilising. 5-year service contracts would encourage more collaborative working between clinical commissioning groups and providers and lead to extended-term stability.

We require a healthcare payment technique that incentivises all overall health providers – in principal, acute and mental wellness care – to get people much better quicker and preserve individuals healthier for longer. Funding arrangements in the physical health sector incentivise providers to treat far more individuals, rather than to maintain them properly so they do not require therapy. By contrast, mental wellness providers obtain block payments and are basically asked to do what they can inside their allocated price range.

We also need to have a single, unified regulatory method that ends the conflict in between the Care Quality Commission’s demand that trusts want to employ a lot more employees and Monitor’s insistence that trusts need to spend less cash on staffing. We can not do each.

With concerted action, England could have mental well being solutions that avert physical ill-overall health and hold people at property, but we want to move quickly. Time is running out.

Claire Murdoch is chair of the Cavendish Square Group and chief executive of the Central and North West London NHS foundation trust

Co-authors:

Paul Jenkins, vice-chair, the Cavendish Square Group and chief executive of the Tavistock &amp Portman NHS foundation trust

Maria Kane, chief executive of Barnet, Enfield &amp Haringey mental health NHS trust

Wendy Wallace, chief executive of Camden &amp Islington NHS foundation trust

John Brouder, chief executive of NELFT NHS foundation trust

Stephen Firn, chief executive, Oxleas NHS foundation trust

Dr Matthew Patrick, chief executive, South London &amp Maudsley NHS foundation trust

David Bradley, chief executive, South West London &amp St George’s mental overall health NHS trust

Paul Stefanoski, interim chief executive, West London mental well being NHS trust

Dr Robert Dolan, chief executive of East London NHS foundation trust