The Malaysia MADANI Budget 2024 tabled in Parliament on Friday (Oct 13) by Prime Minister Datuk Seri Anwar Ibrahim has been described as comprehensive since all targetted groups stand to enjoy the benefits.
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the incentives and initiatives included in the Budget 2024 provides a strong support to the government’s efforts to eradicate poverty by year end.
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Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the incentives and initiatives included in the Budget 2024 provides a strong support to the government’s efforts to eradicate poverty by year end.
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NewsTranscript
00:00 that they can appreciate. Thank you.
00:02 And thank you.
00:04 Mr. Atosri, in general, do you agree with the budget this time?
00:08 Or is there anything that needs to be added?
00:10 Or can we add more funds?
00:12 Of course there are studies that we will do
00:18 and improvements can be made.
00:23 And we are not innocent, meaning not perfect.
00:26 Of course there are some weaknesses that we need to fix.
00:32 And God willing, from time to time,
00:35 what was said by the Minister just now,
00:39 not all ministries can be satisfied.
00:46 But I am sure that new approaches will be made
00:52 when the studies are done in the middle of the year for the Dutch.
00:59 Bismillahirrahmanirrahim.
01:06 Assalamu'alaikum warahmatullahi wabarakatuh.
01:09 Thank you, Your Honour, Dato' Suri Zahid.
01:13 And I, along with Your Honour, Dato' Suri Zahid,
01:17 would like to congratulate Your Honour, the Minister,
01:21 for extending the budget comprehensively.
01:24 He extended it in almost 2 hours and 45 minutes.
01:28 And I think it covers all levels and segments,
01:32 whether it is business, individuals, the elderly, the young,
01:39 whether it is men or women, it covers all of them.
01:45 And I think this is the concept,
01:47 what is called the concept of the Malaysian body,
01:51 which is to be balanced.
01:54 And this is also in line with the concept of the Malaysian economy,
01:57 which is based on two things,
02:00 which is to structure our economy,
02:02 and also to make Malaysia a concern once again
02:07 to the Asian countries.
02:11 And the second is to promote the welfare of the people.
02:15 And if we look at the overall context that we saw earlier,
02:19 that is what is outlined,
02:21 in terms of economy and also the welfare of the people.
02:26 How do we want to sustain our economy?
02:29 How do we want to sustain our country's financial situation?
02:32 Looking at the structure of subsidies and so on.
02:35 This is part of the focus,
02:39 including how we want to increase our country's income
02:42 and improve the governance and overall
02:46 ensure the achievement of a better government system
02:51 in terms of our welfare and achievement of the people.
02:55 And in the context of our ministry,
02:58 it was stated earlier that we are one of the contributors to our country's economy,
03:03 namely in terms of exports,
03:05 until July this year we contributed more or less to exports,
03:11 more than 70 billion ringgit, as it was announced earlier,
03:15 which is more than 11%.
03:17 And if we take it until July,
03:22 which was taken until June,
03:24 which was stated earlier,
03:25 until July we have contributed up to 90 billion ringgit.
03:29 And it means that the agricultural sector and the community play a very important role.
03:34 Therefore, the focus that was stated earlier is one of our challenges,
03:39 how we want to handle the attack on our community,
03:43 especially the farmers.
03:44 And also our community is known as EUDR,
03:48 which restricts or restricts our product sales in Europe.
03:55 And therefore, it was allocated 70 billion ringgit
03:59 to ensure that we can handle all the efforts.
04:03 [ Silence ]