Latest news with #RM18bil
Asia News Network
11 hours ago
- Business
- Asia News Network
PM Anwar to make special appreciation announcement for Malaysians tomorrow
PETALING JAYA – Prime Minister Datuk Seri Anwar Ibrahim is set to make a special announcement of appreciation for all Malaysians on Wednesday (July 23). This was announced by Communication Minister Datuk Fahmi Fadzil on Facebook on Tuesday (July 22). The announcement comes after Anwar said in Penang on July 19 that he would be making an 'extraordinary tribute' announcement to Malaysians in the upcoming week. 'I need a little more time to make the announcement, to allow my team under the Finance Ministry to prepare the 'surprise' in greater detail to ensure it is comprehensive. 'The country is currently facing an increase in the cost of living, but it is not only happening in Malaysia but around the world. It is a worldwide problem. 'We want to increase salaries and allowances for public servants by RM10bil this year, and next year by an additional RM18bil. We want to do the same with the STR (Sumbangan Tunai Rahmah) by RM13bil, making it RM23bil,' he said during his speech at the Madani Bumiputera Tunas Master Plan and the JKPSB Housing Project at the Universiti Teknologi MARA (UiTM) Campus in Permatang Pauh on Saturday (July 19). Anwar said he is seeking ways and efforts that can be implemented.
The Star
13 hours ago
- Business
- The Star
Anwar to make special appreciation announcement for Malaysians tomorrow
PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim is set to make a special announcement of appreciation for all Malaysians on Wednesday (July 23). This was announced by Communication Minister Datuk Fahmi Fadzil on Facebook on Tuesday (July 22). The announcement comes after Anwar said in Penang on July 19 that he would be making an 'extraordinary tribute' announcement to Malaysians in the upcoming week. "I need a little more time to make the announcement, to allow my team under the Finance Ministry to prepare the 'surprise' in greater detail to ensure it is comprehensive. "The country is currently facing an increase in the cost of living, but it is not only happening in Malaysia but around the world. It is a worldwide problem. "We want to increase salaries and allowances for public servants by RM10bil this year, and next year by an additional RM18bil. We want to do the same with the STR (Sumbangan Tunai Rahmah) by RM13bil, making it RM23bil," he said during his speech at the Madani Bumiputera Tunas Master Plan and the JKPSB Housing Project at the Universiti Teknologi MARA (UiTM) Campus in Permatang Pauh on Saturday (July 19). Anwar said he is seeking ways and efforts that can be implemented. "Every day at the Finance Ministry, we are working hard to find an approach that can be announced soon, especially to address the cost of living.
The Star
3 days ago
- Business
- The Star
Cost relief ‘tribute' likely
BUTTERWORTH: The Prime Minister has hinted at an important announcement, described as an 'extraordinary tribute' to Malaysians, which will be made either tomorrow or on Tuesday. It is expected to address efforts to ease the rising cost of living. Datuk Seri Anwar Ibrahim said the Finance Ministry is currently refining proposals that can be announced immediately to ease the burden on the people and address current issues. Anwar said that more time is needed to enhance the 'surprise' before the big reveal. 'I need a little more time to make the announcement, to allow my team under the Finance Ministry to prepare the 'surprise' in greater detail to ensure it is comprehensive. 'If not Monday, Tuesday ... give me two or three more days to refine it.' The Prime Minister said the government is looking for the best approach to balance the rising cost of living with the country's fiscal capacity, given that existing expenditure on assistance such as the Rahmah Cash Contribution and civil servant salary increases has reached billions of ringgit. 'We want to increase salaries and allowances for public servants by RM10bil this year and next year by an additional RM18bil. 'We want to do the same with the STR by RM13bil, making it RM23bil. 'Every day at the Finance Ministry, we are working hard to find an approach that can be announced soon, especially to address the cost of living,' he said when launching the Bumiputra Master Plan, the Tunas Madani programme and the JKPSB housing project yesterday. Anwar announced via social media earlier this week that he would make an important announcement as a gesture of appreciation for Malaysians. At the same event, the Prime Minister said that eight newly appointed Court of Appeal judges and 14 High Court judges are scheduled to be sworn in on July 28. He said the appointment process had gone through all the necessary stages, including the assessment by the Judicial Appointments Commission, discussions with the Malay Rulers, and the consent of the Yang di-Pertuan Agong. 'Many have asked me why it was not announced earlier. I cannot answer arbitrarily because the process of appointing judges involves the consent of the Yang di-Pertuan Agong. 'It needs to go through discussions with the Rulers and after it is agreed, it will then be brought back to the King for consent,' Anwar explained. Earlier this week, His Majesty Sultan Ibrahim, King of Malaysia, consented to the appointment of the new Chief Justice of the Federal Court, Datuk Wan Ahmad Farid Wan Salleh, Datuk Abu Bakar Jais as President of the Court of Appeal, and Datuk Azizah Nawawi as Chief Judge of Sabah and Sarawak. Their official swearing-in and presentation of letters of appointment will also be held on July 28.
