PM Anwar to clarify cost of living issues, revenue collection in Dewan Rakyat today

Publish date: Tue, 26 Mar 2024, 08:45 AM

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is expected to explain the impact on the people's cost of living and industrial production costs due to the increase in Service Tax from six to eight per cent at today's Dewan Rakyat session.

According to the Order Paper on the Parliament website, Anwar will also explain the additional amount of revenue collected from all the new tax measures implemented for 2024 in response to a question by Datuk Mohd Shahar Abdullah (BN-Paya Besar) during the Prime Minister's question time.

There will also be a question from Datuk Dr Ku Abd Rahman Ku Ismail (PN-Kubang Pasu) who wants to know the names of companies from Australia and Germany that are investing RM24.5 billion and RM45.4 billion respectively,  in Malaysia, as announced by the prime minister, as well as the industrial sector to be developed.

Ku Abd Rahman also wants to know the government's strategy and measures to increase trade value, especially from exports for this year.

In the question-and-answer session, Lim Guan Eng (PH-Bagan) will ask the Minister of Human Resources about the status of the shortage of foreign workers, the numbers still needed and the efforts being made to overcome the issues raised, including the restructuring of the ministry's agencies.

Meanwhile, the Employees' Social Security Bill (Amendment) 2024 and the Employment Insurance System Bill (Amendment) 2024 are scheduled to be tabled for the first reading in the Dewan Rakyat today.

Today's session will also continue the debate on the Supply (Re-Allocation of Expenditure Allocation) Bill 2024 at the committee level.

This week is the final week of the Dewan Rakyat session (Third Session of 15th Parliament) which started last Feb 26. - Bernama

Discussions
Be the first to like this. Showing 13 of 13 comments

DickyMe

People are fed up of theories, talks and opinions from Raja Kelentong.
WE WANT SOULTION, not lecture on symptom.

2024-03-27 10:37

Andre Kua

Not really. I dont really feel there is much difference in costing during PN vs PH. Cooking oil is expensive during PN vs PH. Rice is cheaper back then compare to now. Meat wise is slightly higher but not by much. However the price of cooked foods out is increasing year by year which could only mean few things. Rentals are making a killing, sellers want higher profit, etc. Few months back, there was news that decades old kopitiam operator would rather close than agree to the new rental rate which was hiked about 50%. Standardized rental? Windfall tax on property owners to curb such increase?

2024-03-27 10:48

EngineeringProfit

Exactly. We want to see less talk & noise, but real results like the following:

2024-03-27 10:49

EngineeringProfit

The case of subsidy-cut to cover GLCs mega-losses:

**Fiscal Discipline:** Singapore has a reputation for fiscal discipline and prudent financial management. The government maintains a strict control over expenditures and implements sound fiscal policies, leading to lower budget deficits and more manageable debt levels. On the other hand, Malaysia has faced challenges with fiscal discipline, leading to concerns about rising debt levels and budget deficits.

2024-03-27 10:52

eastern_joy

Different govt, same modus operandi...not much "real" fixes being done. Continue supporting cronies and simple way, just increase taxes every year? Climate change already here and food supply will be reduced, causing higher prices for food. Stocking up Ayam Brands also will not help much.

2024-03-27 10:57

5354_

If stock market can double or triple goods price goes up also never mind.

2024-03-27 10:58

5354_

90's Hwa Tai, Repco RM 200 can why now cannot? Both period also Anwar as Finance Minister.

2024-03-27 11:02

EngineeringProfit

Look carefully at klse over the past decades- generally nonstop downtrending. Insanity is doing the same thing over and over and expecting different results

2024-03-27 11:22

icecool

all these talk only no actions.

2024-03-27 12:48

EngineeringProfit

In order to stop continuous rot, they must not make the almighty angry. Action One: Declare the business of stock market & related corporations are not handled by the scripture followers

2024-03-27 13:09

EngineeringProfit

Justification for the above action:

Case file 1: Serbadinamik

Serbadinamik & public-fund draining GLCs"

Lack of Transparency and Ethical Screening: As demanded by the scripture, its finance requires transparency and ethical screening of investments to ensure compliance with its principles. However, the stock market may lack comprehensive ethical screening mechanisms, leading to investments in non-compliant or questionable assets.

2024-03-27 13:11

DickyMe

Real problem to economy is caused by real estate industry - property markets contribute huge problem with their exorbitant land, rental or house prices. It is important for government to curb speculation by imposing minimum 15 years holding and property gain tax of 75%. Stamp duty and legal fees of 50% for properties worth RM300K and above. 30% tax on rental gains.
Poor transportation services to move people around on time and easily. Government should break the monopoly and open it up for competition.
GOVERNMENT must not involve in businesses.
There are tons of to dos but they are not willing to do it.

2024-03-27 13:35

icecool

someday the people will realize that their politicians are the problem and not the solution to their problems.

2024-03-27 15:21

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