KUALA LUMPUR: The electricity tariff adjustment and the diesel subsidy rationalisation were not implemented to inflict pain or suffering on the rakyat, says Prime Minister Datuk Seri Anwar Ibrahim.
The Prime Minister said that instead, billions of ringgit saved from the actions were now being channeled back to the people in terms of other subsidies and cash transfers.
"That is what we’ve done and will continue to do, as we proceed boldly on the course of structural reforms," he said in his speech before launching the Khazanah Megatrend Forum 2024 on Monday (Oct 7).
Also present were Finance Minister II Datuk Seri Amir Hamzah Azizan and Chief Secretary to the Government Tan Sri Shamsul Azri Abu Bakar.
Anwar added that the government is committed to governance, accountability and to social justice, that is, ensuring that the benefits of growth are distributed fairly and equitably, and that every Malaysian has the opportunity to prosper. - Bernama
