Saturday, October 19, 2024

PM Anwar outlines five key priorities in Madani Budget 2025 to address cost of living, boost wages

Prime Minister Datuk Seri Anwar Ibrahim outlines five key priorities for the nation's well-being as he tables the MADANI Budget 2025, focusing on economic revitalisation, reform, and addressing the rising cost of living. — Bernama pic
 


KUALA LUMPUR, Oct 18 — Prime Minister Datuk Seri Anwar Ibrahim today tabled the third MADANI Budget 2025, highlighting five important aspects related to the people’s lives.

These five aspects are focused on navigating the MADANI Economy; implementing reforms more decisively; eliminating bureaucratic red tape; increasing wages and incomes; and addressing the cost of living.

“Therefore, all efforts presented today aim to follow every benchmark of the MADANI Economy with three focuses; reinvigorating the economy, driving reforms and prospering the rakyat,” he said when tabling the national budget in Dewan Rakyat.

Anwar said in formulating economic initiatives, fundamental considerations are anchored in the need for reform to ensure growth while addressing the issues of widening inequality and poverty.

Thus, he said the core framework is to drive more robust growth by taking into account new developments and learning branches, as well as the demands of the times.

“However, we must not lose sight of the main pillars, which are to ensure the comfort of the people through education and health. This is also a significant part of the MADANI Economy: Empowering the People framework which we have launched and committed to continuing the reform agenda,” he said.

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