As what I explained in the previous (parliamentary) session, although it was a decision made by the previous government, to increase electricity tariff, the government now has withdrawn the suggestion and will only impose that on the T20 (top 20 income group) that are the multinational corporations (MNC) and other big companies, unless they are companies that are involved in food security.
Prime Minister of Malaysia since 2022
Datuk Seri Anwar Ibrahim (born 10 August 1947) is a Malaysian politician and has been the Prime Minister and Minister of Finance since 2022. He is the founder and leading figure of the People's Justice Party. He was also the Minister of Finance (1991– 1998), Minister of Education (1986–1991), Minister of Agriculture (1984–1986) and Minister of Culture, Youth and Sports (1983–1984).
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The (political) appointments are for government-linked companies, not publicly-listed companies. Those appointed have the suitable qualifications. Unlike before, these appointments are based on their qualifications and it comes with a set of rules. For example, they must (carry out) their responsibilities well, they must not overspend and allowances are given based on their qualifications.
Based on the report by the National Action Council on Cost of Living on Tuesday, we decided that the earlier proposal to increase the electricity tariff will not proceed as this will burden the rakyat (citizens). We acknowledged that if nothing is done, there will be a negative impact on government finance which is quite high, exceeding some RM30 billion next year. So, only multinational companies and large companies that export products will be charged.
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People can harp upon issues of race or religion, to me, it's completely irrelevant. It's a way and attempt by political leaders to disguise and hijack the central issues of governance in this country. They are going to appeal to the race, including the Malays, that their position, their power base is challenged.