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" "Malaysia fortunately has more than enough resources and wealth to address the issue of poverty. Therefore there is no excuse to not prioritize the problem at hand.
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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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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