How Anwar Ibrahim is Fixing Malaysia's Debt Problem
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- Опубліковано 19 січ 2025
- Since Anwar Ibrahim came into office, he has called for cuts in subsidies and tax hikes. All of which are targeted to reducing the fiscal deficit of Malaysia.
-Note-
This video is based on publicly available data and analysis. It represents the author’s perspective and should not be taken as professional or financial advice.
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Do you think Anwar is correct in raising taxes and cutting subsidies to reduce fiscal deficit?
Yes!
I do agree with anuar... Or Malaysia will become the next Srilanka
Common socialist nations inherent problem.
Yes...
With truthful accounting, we know where to fix
The problem is not who is on top, but the voters who condone corruption, nepotism, racism, and incompetence.
Pretty much sums up the voters of the current ruling party no?
Hahahaha. Three fourths expect payouts. Only a quarter pay tax. Hahahaha
@@ebbios no in fact opposition parties failed to fulfill their duty to monitor the government and just do the shit in parliament.
@@ebbios never saw the ruling party made any statement by referring a race by "type-c", i'd say the opposition is more closer to what he describe.
Why voting DAP is incompetence? DAP need stable goverment. Thus Zahid must DNAA. UMNO DAP new power!
Foreigners are enjoying our subsidies, neighbours coming in here enjoying our subsidies too.. these subsidies coming from OUR tax money.
Also set strict KPI for menteries, not doing their job? KPI not reached? get rid of them, replace with more capable ones.. spend rakyat's $ wisely, so we would see progress moving forward not makan gaji buta only
That is why why we need GST.
Secondly don't be proud as our petrol is cheaper than that off neighbouring countries.
Our govt pays the subsidy. Imagine by increasing a bit the petrol price ,we save a lot.
Imagine we can save RM10 billion a year. We can built one LRT system.
@@shamshulanuar7718 funny you said that then we give it to ev car subsidy yeah so much for lry system
@@amirulali2384 Maybe you should see the bigger picture here: The EV subsidy is to create a market for EVs in Malaysia so as to attract investments from big EV companies like Tesla that are looking to move their manufacturing to other Asean countries because of the US tariffs imposed on China-made goods
@@Skyechannel ahaha yeah try to attract but you know tesla will is playing with us to push us to make more charging station so they can sell more bro i see the big picture here dont let the market full you we have to make a deal so we can get it not we provide then they choose , stupid waste of money , we make more public transport so people can easy go all around the country then we can start make connection to out tuorist hotspot think of people then the money will come we have people that have skill , we can make our own ev is better for us , then other investment that push us to do first with no guarantee of investment waste of people money
Yes. If they come in pump the gas and go back yes. But like Singapore comes in to pump the gas with 200 but spending thousands of ringgit. Thats different. To avoid this Malaysia could learn from Brunei. Is very effective. Why they don't see it?
Main cause is overspending due to corruption in mega projects...
Yeah, for example GoneEnd undersea telowong tunnel ploject in Pinang never completed since more than a decade ago due to eating millions of chocolates...😂
@@ah_wattAda tu, kita ja x nampak
Mungkin gone end sorang nampak
Can you name the mega projects?
@@AnneLaniaz Melaka Monorail, MAPS Perak,MWEZ
@@jackwong3958lol maps perak as mega project.
To be fair, Malaysia's debt problem is fixable. As they have various sources of income streams to sort it out if they wish to. Let's not forget that Malaysia has some of the biggest asset management and trust companies with hundreds of billions in assets. Also they have an A grade debt rating.
People like to make it as if Malaysia's debt problems are so out of control when it isn't. At 60% of debt to gdp it isn't bad at all. If 60% is bad then what do you consider The US debt is, a nightmare? And Japan at 250% debt to gdp is what? Like a total catastrophe? The thing is even Anwar has been over inflating this as if it is such a disaster when it isn't. Sure things could have been a lot better, absolutely right. But it isn't a catastrophe either and its manageable. Certainly doesn't justify the cut off subsidies and all that.
Malaysia isn't US or Japan. Ringgit isn't used for trade all over the world nor many country hold many ringgit in their foreign reserve. Having big debt is a privilege of those countries with strong economy.
@@secrets.295Japan 250% debt is mostly domestic debt, which japan central bank has no problem of printing more Yen. It's actually Abe's economic policy to push up the debt rate, so Japan can have some healthy inflation after long deflation.
@@alandark8170 😂you just cant accept people giving credits to the current gov
@@secrets.295 Only fools would draw a comparison between Msia's debt with Japan & the US debts. Malaysia is nowhere near the levels of economic efficiency & productivity of Japan & the US. You don't have to look very far, just take a look at Singapore will make you realize how fragile & tiny Malaysia is. Do you know that Singapore (which is known as a little red dot) is more productive than the entire Malaysia despite Malaysia's land area is 441 times larger than Singapore, and Malaysia's population is 5 times larger than Singapore? Singapore's 2023 GDP was 500 Billion USD, whereas Malaysia's GDP for the same year was only 400 Billion USD. From this comparison, you can see how inefficient and low-skilled Malaysia is. Malaysia largely depends on some "natural resources", palm oil, agriculture, and some basic manufacturing to survive. The US GDP was 27 Trillion USD for 2023, that's 67.5 times larger than that of Malaysia! Furthermore, USD is the world's reserves currency which allows the US to print tons of USD and export their inflation to the entire world. Can Malaysia do the same thing as the world's powerful country do? (obviously the answer is a big NO!). Then what's the point of comparing with the US and Japan's debts?
Prop to Anwar because He is brave enough to do unpopular moves
Why didn't he implement gst instead of increase sst with stupid e-invoice. Brave you said?
should be brave during interim PM time.. now too late..
he not yet reform his promise ……political cronies on glc position still happen…..just because he afraid of losing power…..
there's flaws to his tenure at the moment but you can't deny he is brave for quite a few decision he made, considering the fact that there's another party within the gov + opposition filled with racial/"religious" agenda
@@syublimuhamad6982 That why he said unpopular move.. because if he implement gst.. other pm also can do the same..
tbh PMX is doing a slow and steady job fixing the economy, the numbers is there
If Malaysian want to success for the future, must have have plan to reduce fiscal debt. I think pmx do the fight path, we can see the effect of plan within 5-10 years
He can plan all he wants, but within the next GE ,he will likely be kicked out with his heavy taxation and subsidy reduction while increasing budget for religious departments.
There is a problem, he doesn't have 5-10 years. He has 3 years.
This ketimbang bastard is useless
Well.
Anwar has himself to blame
He contradicts himself.
First he said PM should not be the Finance Minister.
First he mocked Zahid . Yet he appointed Zahid as TPM. He claimed he had no choice .
Who are the people he was trying to mislead? Himself?
He had a better alternative. He could have appointed Mohd Hassan . And Mohd Hassan outshines Zahid in practically all aspects.
Mohd Hassan is highly regarded in Malay community. He is down to earth,speaks better English , widely supported by Malays transcending political lines.
Should Anwar appoint Mohd hAssan as TPM, this govt will receive more Malay votes.
The thing with Zahid is that vast majority of Mslays do not like him. They accept UMNO but not Zahid.
Many in PH trying to pretend that Anwar has no choice but to appoint Zahid .
Seriously?
What could Zahid do? Without the post of TPM ,he most likely will be kicked out from UMNO leadership position.
And THIRD, Rafizi is a joke.
Fortunately he is no more PM in the next GE. Better accumulate the wealth while he can.
So far Anwar is better than the previous Malaysian PMs
Better????? 🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮Better than 💩
PMX is the best Perdana Menteri to date BUT it's the complete opposite thinking from those huge bunch of "Elite Extremists" (Geng geng pembangkang). You know why? Sebab semua salah DAP 😂. How can you change a person's mindset if they are born this way?
@@chanshen3911😂😂😂...hahahaha..so funny
Kahkahkah... 😂😂😂
I beg to differ. He is the worst PM ever. Under him all subsidies are taken away & all promisses in his party’s manifesto were not fulfilled until he got a very bad rating from Bersih. So i would say your statement is inaccurate and hog wash. Even under his govt direct award was made for 2nd 5G to a tiny UMobile.
Since taking office … he had introduced the Economic Framework and other measures ….
Just 2 years in his administration, by normal standards 3 more years until the next election 🗳.
Anyone who understands reasons and have gone through more than 60years of previous administration, must be willing to let him steer the economy into the next election for the economy to bloom … for the next generation.
As someone who's living on the good side of the country, i wont mind being taxed more to help improve the lives of those who are less fortunate. Move forward Datuk Seri.!
Very informative indeed.
Malaysia must really thanked the 2 Prime Ministers of 2009 and 2020 who both increased the borrowings by a sharp incline.
Get your facts right
Try massive borrowing takes place between 2018 and 2020
@shamshulanuar7718 the graph is showing the facts.
@@shamshulanuar7718 Get your facts right, the 60% GDP to debt ratio increased sharply from 2009 to 2018. Not to mention the increased to 65% GDP to debt ration during the pandemic. Details are in the numbers. So, spare your misleading
@@fauzanriez9472graph does not show shit 😂
@@shamshulanuar7718 your facts is "trust me bro"?
What is the point of talking about 1.5 trillion debt without any monthly or quarterly report on the movements of the debt. We see continuous spending by Government . Claiming that billions have been secured through overseas missions but, there is no qualifications or details of the billions secured from missions overseas. After a while, all is forgotten and no one is talking about it. This country of great opportunities are continuously being eroded by unnecessary expenditures.
What are you talking about@😮
Bruhh what are you talking 😂 are you on dunlop?
1.5trillion debt is not a problem to the most powderful nation in SEA with vast land, plenty of resources and talents.
@@sunggao6848powerful from the bottom up 🤣
Yes..they are lied, the PM himself has no transparency
Corruption is the cause of it and it's still happening!!!
what do you expect? he has one of the biggest corruptors as his wingman
even if you in power also, there is possibility you also become corrupt.. you didnt get the cake.. thats why you can say like that..hahah
Where’s your proof? Idk where is this corruption say coming from
@@hakimzah Let's be real here. BN is going to be in the government no matter who is in charge as both PH and PN need them to become the majority.
Blame the people for choosing a party that historically has been constantly plowing them in their figurative ass.
the problem i have with anwar administration is, they dont dare to tax the mega rich or chase after the corrupt who avoid paying taxes or ask investor doing business in malaysia to pay a little bit tax toward malaysian govt, i know he try to court external investor to invest and plant their business here in Malaysia but this have need a "give and take" agreement between them. not all can give and lick foreign investor. they should demand something back too like indonesia with Apple.
😮😮😮 even US government scared to tax mega rich. 🇲🇾🇲🇾🇲🇾🇲🇾
@@SukhdevSingh-ge5rjso what's the connection of US to his argument?😅. Why need to bring other country?😅
Why do u think they are scared? Bcoz they are brothers! They need each other, especially near to General Election!😊
Many filthy rich don't pay income tax
Are u even malaysian?
He did increase the tax for the wealthy? Goshhhhh
Malaysia debt is spent on gaining political favor with Malay voters and implementation of popularist policy, while Singapore debt mainly spent on investment to generate high returns. The main reason despite Singapore has higher debt than Malaysia annually, it is not a problem at all.
Gaji penjawat awam tu tinggi sangat. Tapi xbawa kemajuan ekonomi pun. Dengan pencen lagi. Itu yg fiscal teruk jadi. Sampai subsidi pun kena potong. Gst patut buat balik. Gaji penjawat awan tu patut potong. Tambah2 yang jawatan2 tinggi, dengan elaun2 macam ada.
Gaji tinggi takper tapi hirelah orang yg benar2 berguna dan boleh tingkatkan prestasi … ini i tengok semua malas asyik jalan sana sini, jbt polis lagilah , korang pernah pergi office bukit aman tu ? Bau rokok semacam kancah maksiat atau casino
Nk reform benda ni mkn masa. Sbb tu pencen nk dimansuhkan, pakai kwsp. Subsidi tu pn mmg patut bersasar, dh berpuluh tahun main belanja je semua sampai kne berhutang. Patut subsidi ni org yg x mampu je dpt. Dh mampu xpyh la byk sgt dpt subsidi. Gst kalau nk buat balik kne pastikan harga sedia ada dh tolak dgn tax bru buat gst. Bkn main buat je. Data pn penting utk pastikan data semua betul & up to date. Kalau x ramai la yg menipu nnt.
Pencen dah mansuh dah la pakcik
@@billy-ctyong1520😂 apa kata ko jadi polis gaji 1200 try hidup kt kl 😂
Video dah cakap gaji tinggi cukai tinggi....soo msuk dekat revenue
We have too many government servants. If I'm not mistaken the ratio of government servants in Malaysia is 6 times higher than UK, amounting to RM90 billion a year. Not only did they attempt to reduce the expenses, they even increase their pay by 12%, when you know 90% of them are useless and spend more time sleeping than working
Agreed. And believe me, the ratio WON'T go down anytime soon! 🤣🤣🤷. Most Malay people especially in rural areas still want to work in civil service for pension. And ANY ruling Gov needs Malay people votes at the end of the day. Soo yeah.. 😅
In malaysia still many kampungan mindset and racist folks which is why malaysia still considered as developing nation @@ZyrainVDW
@@ZyrainVDW exactly, thats the problem with Malaysia's politics and economic today, we know the problem of government spending, solution is to cut down the government servants number, but none of the government would have the balls to do so, cause in the end, the vote majority was from them.
Can be solved by privatizing healthcare, education and military.
Stop hiring doctors and nurses for public hospitals. Reduce educational quality of public schools to encourage parents to send their kids to private schools, thus less teachers will be needed in public schools. Give military maintenance contract to companies to avoid to need to hire military engineers. 😉
Don't complain if you're served abit later when you're dealing with government officers at government offices since you're suggesting to reduce their numbers 😄
he is good in managing malaysia economic... smart. somehow as malaysian people have to give a fully commitment for recovery the economic... if the dept is too high, it will give bad impact to malaysia too.....
Nothing can be fixed if the policies don't change, depth will keep increasing because of the present policies. Everything must be on merit, only then the economy will turn around. Anwar has done nothing to address the issues of policies.
The 1.5 trillion debts are about 97 perc domestic debts and the 3 perc are overseas debts. In term of risk its safer but the interest of the local corporats and individuals cannot be ignored.
And the national debt itself include that hefty Government Guarantees covering BS stuff. 🤷🤷
I don't know what he did but all I see is rising cost of living. My bills keep getting higher and higher.
It’s an uphill task, but hopefully he improves it righteously and effectively..
We NEED financial literacy classes for Malays!
The sole country in the world which revert back to SST after implementing VAT. He is part of the problem he's thinking is fixing.
The problem with GST (VAT as u claimed) was done hastily and it was taxing every level of business, not to mentiones billions of late returned GST claims. Najib did his worst with that GST implementation. PH should have reduced the GST rate to 3% but implement it way better
Great video, good explanation with insight! I'm subscribing hope to see more good content like this
Good synopsis. The Government needs to be careful that it doesn't tax the 1% to the extent that it discourages them from reinvesting in the economy. After all it is the 1% that tends to drive economic expansion which leads to higher Government revenue collection later on. It is a fine balance.
The 1% go buy properties overseas, study also overseas, holiday also overseas. How much they actually reinvest in Malaysia as compared to overseas?
Err….. most of them have overseas bank accounts, multiple assets including yachts and private jets, also add in the stocks they hold (which isn’t taxed at all) and you’ll get a picture why many countries run on a tax deficit.
More than 80% of the workers in Malaysia pay no income tax since they don't earn enough to qualify. This situation can only be improved by the 1% having more opportunities to invest profitably in the economy. The problem tends to be the balance between the planned part of the economy controlled by the Government and the Free Market part which is dominated by the 1% who tend to be entrepreneurs. History has shown that with respect to the economy , Free Markets triumph over any planned system. Basically no Government can plan to create the likes of Elon Musk, Larry Page or Mark Zuckenberg. These people are disruptors who need a Free Market to prosper.
Stop having party and nonsense event especially in EM, spending tax payers money lavishly with no guilt , although he want to be popular for next election , pls do so with improving the people buying power , business also hard to earn these days 😢
Solve corruption then you solve debt problem. The problem is Answar, the supposed savior of the country gave the people a HUGE slap on the cheek by appointing criminal with corruption charges as Deputy Prime Minister. Malaysia is hopeless, racism and corruption are the backbones of this country.
This sounds like an emotional outburst rather than a down to earth fact based analysis.
@@mayfoo02wait for the glc audit.....then pull your hair...
And you are one of them😂
Lol its a must since our government is a government form in a coalition if PH won all more than half of the seat thing might be a whole lot differently
corruption started since Najib's father time, it's no 1 or 2 years can clean out. Our PM solve the big debt then coming on those small fries.
walauns can't understand this.
😢
Sek dio x kenal barey nih
sembahla selagi peliwat diatas. tak lama next pru tumbang 🤪
PH Babi
Walaun dah masuk tu
Walaun detected..
I'm just a random small fry. I dont know a single thing about things happening. But what happen in front of me is that i almost no longer able to afford to dine-out. Period.
Bullshit talk. Go out and see the restaurants.
Raymillion is Rubbish
The definition of wealthy by his administrations definition is still very grey
One thing I hope he will change. The contrat that they put on doctors. Nowadays not many youngsters wanna be doctor anymore, and I heard they're hiring doctors from India, Banglades, etc... that's not going to be good at all...
Just kick of corruption.. and government servant's needs to kick laziness habits...
That's how civil service works. Go to work, sleep, lunch break, scroll social media and then go back home to eat and sleep. At the end of the month; salary. Plus, Raya ang pow, increments and this and that. Total BS. F.
How did we get there, 'it's because of kleptocracy of the previous govt.'
May god bless Anwar and Malaysia. Amen
The Internal Revenue Dept needs to do a backwards trace on purchases in luxury goods outlets in Malaysia. Luxury items entering through airports and all other entry points needs to be taxed. Impose a 25% tax on airport and airline tickets. If they can afford to fly, then they can afford to pay the taxes. After all we have more outbound tourists than Inbound tourists. Impose exit tax at the borders with Thailand. The Govt should go for targeted taxes than a blanket removal of subsidies
Please don’t talk about Malaysia unless you see the full picture. Anwar has failed to ensure society is harmonious. Racial polarization is growing and he has done nothing.
A recent huge corruption scandal in Sabah has been exposed. He has done nothing.
Anwar’s promises before he was PM, has NOT been delivered.
Polarising talk is very loud amongst the opposition. What's your say on that? Or if lebai hijau means all OK?
@@sora4kairi2definitely pas 😂
@@sora4kairi2we talk about sabah here let those lebai hijau overthere they wont do shit just talk now corruption in sabah so bad since 2010 until now kinarut area cant even have a stable water flow we can have clean water between 2pm-10pm after you on your own, now spare me your bs politics of who is clean 😂
like those green flags in kelantan? doing nothing? xD
Wowow we got an expert here😂
Even with all the new taxes, Malaysians are still not paying enough taxes. Most workers don't pay income taxes. Malaysia needs to lower the tax bracket so more people can be taxed. Spending is also too much. Malaysia not only needs to reduce subsidies but also to reduce the bloated government. Federal government employees pension is a ticking time bomb. But in the current situation, there's no way for the government to handle the bloated federal government without creating a deep state that can collapse the governing political party.
I agree ! I think if everyone contributed - even a little then more people would care about how tax money is spent. I suspect this would even help reduce corruption by giving real ownership to the masses.
While I agree with you about reducing the bloated govt because there are too many inefficiencies within the federal govt agencies and perhaps too many redundant staff, I disagree with reducing the tax bracket to tax the lower income. Large corporations and local business manufacturers are already paying really low wages relative to the output they are producing and this has been one of the attractive factors of setting up businesses in Malaysia. The recent rise in foreign investment is largely due to the low wages and English language imo. Hence taxing the lower income will not tax the actual economic output of the country and if the economic output is in the form of foreign company or investment, the revenue will just mostly flow overseas untaxed.
Thankful to be in Sarawak
i want to see Indonesia and other countries have a video like this one, I learned some new things from it and I hope Malaysia can solve some of it.
Indonesia only have dance videos. They like entertainment there. Search for Dangdut.
Such videos are not free. Probably Indonesian government is poor or miserly, didn't spend money on propaganda and advertisements.
Domestic debt - their biggest source of funds is from their states of Sarawak & Johor
minority helping the majority in terms of economical status, how to grow and make money as a country to pay off debts?
Malaysia tahun ini semua kejahatan pemimpin akan terbongkar kita buat masa ini kita diam sahaja kita tahu semua lakonan yang mereka cuba pertahankan harap rakyat masa akan datang Kuta tidak perlu pemimpin yang sudah lama menjawat jawatan tetapi hanya sekadar menjayakan mereka sahaja dan kalau boleh kira tidak perlu pilih pemimpin yang sudah besi yang buat semak dewan perlimen sahaja jika boleh kita mahu pemimpin yang baru yang lebih berwibawa dan ada wawasan tinggi tak perlu lah sekolah tinggi yang panting di bijaksana dan tidak makan rasuah dan tidak melindungi pemimpin yang kerup atau bersikap seperti beruk dan kera tetapi zaman kerajaan Allah semua pemimpin pancuri dan penyemun tidak akan menikmati kehidupan dalam kerajaan Allah dan mereka ini akan cepat tua dari mereka yang ikhlas jujur dalam mantabir negara ini.
He can fix it, but he wont.
Because fixing it requires fixing basic problems in the country, like Malay apartheidism, Religious demagoguery, and systematic corruption throughout the whole bureaucracy.
Many people, even people in his party, are interested in keeping Malaysia this way. Forever having a poor man's mindset, unable to attract investment and even going as far as to chase away innovation and change.
As I remember in history, there is no any Malay ruler during colonial time promise anything to migrants that working for Brits.. Even the British had no problem with that. Only after Merdeka Malay ruler grant some privileges and accept the British migrants worker as citizens. But now what happened is the Malay has to be blame? Some people are so entitled, no shame what so ever and ungrateful.
@@pyanzydont be a fool with your fake account of history. Indians and chinese have been in this land for thousands of years before brits ever came. They just used you to their divide and conquer colonial tactics. Theres Indians living in Kedah for over thousand years
@@pyanzythe irony talking about being ungrateful and entitled lol from the individual to the entire community it’s the same with you guys😂
@@kolikari3813Those days Indians and Chinese never set up DAP and MIC. They just come to trade peacefully and even go back. Never try to create UEC education system. 🇲🇾🇲🇾🇲🇾🇲🇾
Pastu mula lah geng Meleis ni menyalak gila b@bi macam ni bukan salah mereka lol
Terima kasih PMX
As of 2022, global debt was the equivalent of 305 trillion USD.
Even the Aliens would be shocked.
it's okay because it's earth debt, it's local. we don't have debt with aliens
Ok
Those who aims for 'Big moves' first Always loses for long terms .
Yeah, he try to correct it by rationalize subsidies, increase taxes, cancelling pensions for gov staff. Basically pushing citizens to pay for it. Instead of try increasing country's economy income.
😂😂😂😂 with malysian people brain how to increase? Babi brain what
Low iq . How to increase?
Targetted subsidies & pension reforms to be precise... I'm no fan of gov but sooner or later, that's inevitable..
No he dodnt cancel pensions for civil servants. He changed the pensin scheme to the epf scheme for those who joined the civil service starting jan 2024. Pls fac6 chk n dont dish out misinformation
He didnt reduce subsidies
He rationalized the subsidies by ensuring only those who need n qualify for these subsidies get them. Ppl who drive porches, vellfires, alphards n hv 3 to 4 cars per family dont need subsidies. Tour buses dont need subsidies. Tourists on road trips in hire cars dont need subsidies. Pls fact chk n stop dishing out misinformation
debts by previous gov?
Anwar is correct in removing subsidies IMO. But rather than overly raising taxes on the rich and taxation overall- which has a deleterious effect on GNP for minimal fiscal addition (the Latha curve?) - he must continue to work on reducing graft.
He is also wise to raise credit domestically rather than through usurious institutions such as the IMF, the downfall of all but a few of the developing nations.
Good presentation - thanks👍
He’s not even going to make a dent. The core issues of inefficiencies and cronyism are hardly meaningfully tackled. This guy is all talk and little result. Don’t have to trust me, just watch and decide for yourself with time
@@Gyjfrhw-462DyAH careful the cybertroopers are coming in brace yourself. Just read the comments 🤣
dont forget the he's done backstabbing and backshot too.. we have to be careful
Both of you trashtalk too much with 0 effort
Why dont you both try joining the next election first okay
@@nickgary972 if you think i'm trash talking than you should read again and sorry if my joke is too offensive for you
@Gyjfrhw-462DyAH instead of bettering the country with real politics, his cyber minions are wasting tax dollars here bashing on critics.
Why 1MDB's outstanding debts assumed by the Malaysian government is not highlighted in this video? 1MDB's debts have undoubtedly resulted a sudden hike in its external debt. 😕
To solve the debt problem , the government can cut down on subsidies or maintain / increases the subsidies and tax the rich more.
He chooses the latter.
That’s why his critics called him Robin Hood.
He have increased taxes on luxury items and etc.
He have increased subsidies and aids to the poor.
Luckily , oil prices have increased the last 2 years which led to an increase in government revenue.
What if oil prices drop ?
He cut down on Diesel subsidies and impose transparency by E-Invoice. The saved deficit channels back to government workers increasing their salary floor with no improved efficiency and more 1/2 past 6 web mandatory registration on existing ones then force a deadline on an unfinished projects with wasted taxpayer's money. Yes we can't keep relying on oil revenues. That's where E-invoice comes in, once the 3rd phase kicks in next year July then they will impose 6% GST on the said system. No running away from tax evasions.
What is the oil price come down?
That was why we need to go back to GST.
It brings in higher revenue to us.
GST that makes us survived the pandemic dont trust me go ask ketua audit negara 😂
I can see your concern, This is why Anwar Ibrahim is investing on technology sectors such as semiconductor, AI and so on as the future are heading there, From what I can see Anwar is trying to rebuild Malaysia economy to based around manufacturing rather than relying on natural resources. If this goes well then it could increase Malaysia revenue because for past few months many tech company investing their capital into Malaysia so it can be a new data center for the world, This is only from my viewpoint though
@
Malaysia is the natural destination for the worlds cloud centers.
It have cheap land , stable government, cheap and plentiful water supplies.
Malaysias problem is how to move up the technology ladder to become a high income country.
Electronic investment leads to jobs assembling electronic parts. That is all.
Low level skills.
Low pay as well.
Malaysia have such a surplus of jobs that we have 3-5 million foreign workers in Malaysia.
The PM may be creating a future problem by taxing the rich and increasing subsidies to the poor.
Taxing the working upper class will disincentivize them from working harder and saving more.
Giving more subsidies to the poor will only increase their appetite for more subsidies in the future.
Regardless whether you agree with Anwar or not, he’s doing all for the country, if you look at other PM elects, everyone just fking want to win the political fight with religious reasons or make we fight for the limited resources that does not help with the bread and butter of people at all. There’s no need to fight among ourselves if the country is wealthy and we would all be more united
Anwar reform on base of governance is restructuring.Once governance improvement now perform better,it was signal for malaysia debt solution on the way of success.
@@perpaduan459 Nah...even the local rice problem he can't handle what make you think he can handle more complicated task.....
@jiep5327 rice is item,the key is governance improvement.r u clear.
@@perpaduan459what about the recent flood in kota bharu, it is a disaster right now all because he cut the funding for the flood prevention system that was implemented by previous gov. It is a total failure of Madani gov in my opinion.
@@syedali-wz8xmYou should ask the Kelantan state government about this. PMX did not cut the disaster prevention budget, but increased it. Moreover, floods are caused by long-term problems. PAS has been in power for more than 30 years and the problem has not been improved at all, even though the government has invested hundreds of millions of funds.
@@syedali-wz8xm You should ask the Kelantan state government about this. PMX did not cut the disaster prevention budget, but increased it. Moreover, floods are caused by long-term problems. PAS has been in power for more than 30 years and the problem has not been improved at all, even though the government has invested hundreds of millions of funds.
I believe Malaysia is in the right track with Anwar in power.
Taxing the rich and sin item, targeted subsidies, exploring new investment etc.. and most important is stopping the corruption.
While he may also need to check on other area where there is no tax imposed at all, he may also need to reduce the dependency of his people to government's aids.
❤ im Malaysian i Belive He do the Best for The Country .He shown what He said🫡❤
Household debts or government national debts? 🎉🎉🎉🎉
As of June 2024, the breakdown of household debt in Malaysia by sector of borrowing is:
Housing loans: 61% of total household debt
Vehicle loans: 13.5% of total household debt
Personal loans: 12.4% of total household debt
Other loans: Includes credit card debt, non-residential property purchases, and securities
Its not anwar, its the people who solve the debt
But its still the komando who lead the strategy , is it ? lol ..
As a malaysian i dont have faith in him
Lots of developed countries have high debt, it’s just about trust in whether Malaysia can pay the debt or not. Our whole economy is built on a foundation of Fiat Money- money based on trust. The US’s debt is huge in MYR and huge for USD. Sudden GDP spikes are also seen in countries right before country investments start to show their returns. Malaysia has been gaining regional and international attention since Anuar came into power. Malaysia has a great infrastructure for tech, it’s an interesting country to invest in. We also need to form closer economic and cultural bonds with BRICS and ASEAN.
Agree with Annuar. Difficult to swallow but sustainsble for country. A good PM is not looking how much money you want to spend but should be in a position to manage sovereign financial risk
Anwar make it all the Malaysian suffering good luck all the Malaysian for supporting Anwar as PMX.waiting for next election 😂😂😂😂
Any govt: we do for the people, reduce your burden, for your future generations we love u. Also govt: Reduce subsidy, increase all taxes, refrain business operators to increase price , take more loans, make debts a commitment for future generations, make life more depressing, and common necessities like home becomes super expensive., also open a channel for cyber trolls, and vanity, and call anyone who thinks otherwise are fake news and slanderers., Also, they tend to marginalized the "inequality" of the nation, by making the rich poor and maintain the poor as poor. handing out incomes to milk them, instead of equal opportunity. yet with this bias game, they still want more, and there is nothing left to squeeze, except slavery. this is Fascinating .
When there is a structural issue, no matter how the people change the top management without know own basic problems. Wasted
by introducing more debts.. & rising the taxes.. mind-blowing..lol 😂
Tell that to lower income people who had to spent RM 150 for 3 days worth of foods..
Malaysia boleh lah,
dont worry lah,
be happy lah !!! 😂😂😂
All babi brain. All under table money
10 years later also same. Still lose to neighbour 😊
It's all happened in our labu labi government
Corruption everywhere need haram money to baik kampong
1MDB +Jana wibawa😊😊😊
That will take us a lifetime to pay up. N the current govt inherited this shit
@@mayfoo02the current govt is part of the old govt. It's the same people
Wait for the downtrend trajectory of sales from oil producer petronas which is the heart of Malaysia’s economy and we can see how Anwar will perform because the pinch is already biting it’s way.
Oil price could fall after trump returned to white House.
But there still alot of malaysian people hate anuar because of bad and fake propaganda from other political parties...and even that anuar still do the right thing for malaysian...this is sad😢
Malaysia is in right direction. Short term pain for future prosperous. The problem is the citizen lack of financial literacy. Most of them no saving and over spend.
Most of us keep talking shit but they still abused the system as well. Rich Malaysian complain yet keep avoiding taxes smh
If Anwar truly is a smart guy he would bring back GST. Its proven to work when it was implemented.
GST does help the country directly and it will boost the powerhouse economy undoubtedly. But what he’s thinking right now, GST will tax most citizens including the poor. It’s well known that Anwar's approach at this time was taking advantage of the rich to contribute to the country and letting the poor ease at this stage until the economy fixed. That is why he’s not implement GST for now, but it will in the future. Rafizi has confirmed those GST will be implemented once again but not for now. In fact just for you know, GST is still there in the office and is not being abolished by the current and past governments. It’s just the rate is being set at 0% at the moment instead of 6% in the Najib eras. Whenever they wanna bring it back, all they need just to increase the rate itself
Essentially their current prime minister & his coalition parties are the source of the debt problem at the first place. I remember malaysia as on of the top developing country in the world pre-2018 general election under Najib Razak. But opposition during that time (now the goverment) was so populist with non sensical manifesto, regressed from gst to sst while the most of the countries in the world already implemented the transparent tax system. So many mess created in the process to obtain power. Good luck to Malaysians.. *'He who dig pits will fall into it'*
Walaun people can't understand this...
Too much corruption
Also too much government servants
Walaun hadiawang sesat hanya mampu mimpi 😂😂
Masih mimpi gaji buta... special envoy to middle east..
Debt?? Keep rising since he became PM, It's getting worst lol, even worst than before, and yet corruption still happen, nothing change.. even themselves keep helping corrupt people to join them.. the hero for helping corruption..
lol paid review
By increase spending (increasing Goverment Servant Salary) amid of debt issue...and the private sector/worker pay most of the tax to cover goverment expenditure.
While im agreed with the way he managing the gov financial, racial polarization is still true, myb he not directly involve, but moon keep puling type m and rocket keep puling the others. He cant control all the inside issue by himself. cant he? The number 47 man should step down, and pick someone that can help him keeping our other issue in check. We can see how Mahathir pick Anwar into UMNO in his first reign, and Malaysia really become Asian Tiger in those era. Even ada masa nak rampas Guthrie from British. Pick the right person please. Im with Malaysia. 🙏
Would have done better if corruptions in Malaysia can be minimize. At this present moment, seem to see many cases weekly but worse, most big cases acquitted, only small one were caught in the net and sentenced
The debt keeps on rising because the government keeps on giving more and more free money plus unnecssary subsidies. We will save trillions of ringgit if they stop all these uncontrol spending !!! Every day I only hear Annuar giving more and more money. No matter how much tax it will never be enought !!!
Easy. Stop funding religious base institutes, remove Bumi rights, abolish extra government department which are doing one man job
Rounding the world ,cites bilion investment ,back to Malaysia cut the subsidies..and impose more tax..expensive household items, expensive oil ,cooking oil..put more debt...
lol, he isn’t fixing…he creates so many problems…definitely he will be thrown out for good by next GE 👌🏻 that’s for sure 👏🏼
you can see how wrong his work is by looking at the budget he presented. If he said that we are in debt and need to cut spending, why is his budget is the biggest ever presented in Malaysia parliament? How did his name got listed as the richest people on earth when he has never own business ever in his life? What proof does he has for claiming getting rid off corruption when the opposite can be seen on the budget? The list goes on and on and the rant will be endless if we think about it. He did everything that he accuse his opposition will do. He literally became the very evil he warn us. Clearly he was that evil all along...
Walaun sampai bila2 pn xkn puas😂😂😂 nk ckp bodo nnti marah .....ko tgk la list dia ishtihar harta jgn butakn mata,mna yiddin dgn menteri2 PN yg lain termasuk Hadi bwg berani ishtihar harta termasuk Saka tua sampai skrg xdk telur😂😂😂walaun otak pajak
@@khairulnorazmam9866ok nnti masa PMX jatuh buka kertas siasatan atas dia dgn anak- beranak. Masa tu jgn kecut pulak cabut lari luar negara.
@@mohdsufiansalleh4085 you’re talking out of your ass!
@syedali-wz8xm DER dia dh ishtihar harta awal hang google je,abah cow & gang bila lgi??
What i am aware of is Malaysia had abundance natural resources. They just discovery a new oil field at sarawak and sabah..First step for Anwar to fix the Malaysia economy is to fix the corruption issue
PMX DSAI is fixing this. Full support from rakyat.
amin.
2 biggest mistakes Malaysia did in 2018 (after election) are: 1. Changing GST to SST (Nation lose RM30 billion a year). 2.Start giving Petrol and Diesel subsidy (Nation lose RM30 billion a year). For these 2 things, Malaysia loses RM60 billion a year/ RM420 billion in 7 years.
That is why National debt go up from RM686 Billion in 2018 to RM1.3 Trillion now (2024). Thus Ringgit went down and KLSE composite Index also went down compared to year 2018.
Anwar will be out next election. He made too many promises which he cannot fulfil. Economy is worst .
Cut down minister's skyhigh allowance and salaries.
All countries are in debt. Simple
Some cannot pay debt and go bankcrupt. Simple
ours is not even that bad. Simple
They can seek help from IMF if they cannot pay!
can you see how big us in debt 😂
Anwar: tries to fix debt issues.
Also Anwar: creates more debt. 150% more than than what Najib did.
Debt that gives to local not 1mdb....
Xpayahlah pakai anonymous account haha cetek rupanya
@@anonymed7898 so all of you citizens suffer only. Becoming poorer and poorer. Bodoh
I hate Anwar not because he is raising the tax, but his move moving towards dictatorship like Mahathir once was.
Limiting medias and all. And ay the same yime, trying to push us all inyo a very conservative muslim country. They even had meeting with talibans.
@qwrtypsy srarch it up yourself my friend, look at the power jakim holds currently, look at the corruption scandals in sabah, look at his reaction over the defense ministry renting helicopter, trying to block private DNS, blaming 'mahakaya' for any opposite voice and so much more, if you don't realized yet, I felt sad for you, because that means you don't even put much effort into understanding the country
Malaysia boleh
We hope a gud leadership that keep theirs promise..not munafiqun that put burden on their People that support him
LOL, he is actually the PROBLEM.
Fix the bloated public service first. Get rid if the racial apartheid like rules. Stop rampant political corruption rather than taxing the people. You spend like there is no tomorrow and we pay through our nose.