Malaysia

Unity govt’s good governance woos investors, boosts revenue: Anwar

PM also points out administration has given increased aid to the poor

Updated 3 years ago · Published on 15 May 2023 8:35AM

Unity govt’s good governance woos investors, boosts revenue: Anwar
Prime Minister Datuk Seri Anwar Ibrahim gives a speech at a Madani Aidilfitri open house in Gombak yesterday. – Bernama pic, May 15, 2023

KUALA LUMPUR – The unity government’s administration that stresses on good governance has had a positive impact on the country by being able to attract foreign investors and boosting national revenue, said Datuk Seri Anwar Ibrahim.

“How did we do it? When we were given power (to form the government), we stopped all misappropriations, taking public monies, we do not break rules, we don’t allow contracts without tenders, taking contracts with commission, we don’t allow leaders to take the people’s money,” said the prime minister in a speech at a Madani Aidilfitri open house in Gombak yesterday.

“This means governance, using power to help the public… the result, from January to April, the gross domestic product rose 5.6%, higher than China, Vietnam, and Indonesia… the Inland Revenue Board (IRB) meanwhile reported higher tax collections, where did it come from? Those who previously stole and didn’t pay taxes, now everyone pays, because you can’t bribe… IRB must be clean then our revenue will rise.

“This is our teamwork, we recorded investments of billions from Amazon, Geely (invested) billions in Tg Malim, China (invested) RM170 billion, they come and invest and create jobs in our country, because they believe we won’t embezzle, we won’t steal, we don’t take commissions and we know how to protect public interest (so) inflation drops, deficits drop, and revenue goes up,” he said.

Also present were Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi and Selangor Menteri Besar Datuk Seri Amirudin Shari.

Anwar added that in the six months since the unity government came to power, it has provided the highest amount of aid in the history of the country to the poor, along with fishermen and smallholders.

Anwar also said that the unity government will continue to work hard to develop the country and turn Malaysia into a regional powerhouse.

“We will continue to work hard, to push for change… otherwise what’s the power for? Our duty is to Allah SWT, what have we done for this power?... we will continue to stop corruption as what we have done in the six months in power, I will not be afraid.

“We will clean up our country… the Malaysian Anti-Corruption Commission will investigate, who will be charged – it’s (up to) the Attorney-General’s Chambers, and who will be punished, that’s the judges’ job,” he said.

Anwar also reminded all leaders to remain strong in their principles and not to sell themselves out chasing fleeting power and ill-gotten gains. – Bernama, May 15, 2023

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