Harapan's 100-day promises hit 'RM1 trillion' snag
The Pakatan Harapan government's 100-day promises might be delayed due to the burgeoning national debt and liabilities, estimated to be around RM1 trillion.
At a press conference in Putrajaya this afternoon, Finance Minister Lim Guan Eng said several promises would be delivered when the financial situation improves...
The Pakatan Harapan government's 100-day promises might be delayed due to the burgeoning national debt and liabilities, estimated to be around RM1 trillion.
At a press conference in Putrajaya this afternoon, Finance Minister Lim Guan Eng said several promises would be delivered when the financial situation improves.
These were:
- Fuel subsidies for cars below 1,300cc and motorcycles under 125cc.
- EPF contribution for housewives.
- To standardise and increase the minimum wage.
- Postponing PTPTN repayment for those earning less than RM4,000 per month.
- Implementation of Skim Peduli Sihat medical aid.
"This is to ensure the RM1 trillion debt is under control.
"It will be implemented when the financial situation improves. If it improves in 100 days, then good.
"But if we can't make it (in 100 days) we are still committed to implementing these promises but subject to the financial situation," said Lim.
Harapan had promised to get 10 things done within its 100 days in office.
The promises that are clearly on track at the moment is the abolishment of the goods and services tax (GST), investigating corruption, and reviewing mega projects.
The other two promises are resolving debts owed by Felda settlers, and returning Sabah and Sarawak's rights with a committee to review the 1963 Malaysia Agreement.
Meanwhile, on a separate matter, Lim said the government will maintain the 1Malaysia People's Aid (BR1M) categories under the renamed Cost of Living Aid (BSH).
He added that Putrajaya will consider tabling a new mid-term budget in next month's parliament session should the need arise.

