Prime Minister To Make Special Announcement In Relation To Cost Of Living
Speaking at the launch of the Bumiputera Master Plan, Tunas MADANI, and the JKPSB Housing Project at the Universiti Teknologi MARA (UiTM) Penang campus, Anwar said the government is finalising details of the initiative with the Ministry of Finance.
'The challenge facing our country now is the cost of living. We plan to raise civil service salaries and allowances by RM10 billion this year, and an additional RM18 billion next year, on top of the RM13 billion allocated for the Rahmah Cash Contribution (STR), bringing the total to RM23 billion,' he said.
The Prime Minister emphasised that the rise in living costs is not unique to Malaysia, noting that it is a global issue. He added that his administration is actively exploring sustainable solutions and urged the public to be patient for a few more days.
'Every day, the Ministry of Finance is working hard to find a workable approach. The announcement must be significant and well-prepared. So wait—if not this Monday, then Tuesday. Just two or three more days,' he said.
The Prime Minister previously shared on his official Facebook page that he would soon be unveiling a special initiative as a tribute to Malaysians, but no further details have been disclosed at this time.
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