00:00 Ladies and gentlemen, please welcome the respected Dato Sri Anwar bin Ibrahim.
00:04 Ladies and gentlemen, I alluded to earlier the need to undertake major changes to ensure that our performance is drastically improved.
00:23 I've referred to reformers, earlier reformers like Abdul Rahman Ibn Khaldun in his magnum opus, the Muqaddimah,
00:33 and the Northern Song dynasty reformer Wang Anshe, who made it a clear remark that taxation is necessary,
00:48 but never overtaxed, and it should never be seen as a burden to the people.
00:54 So I think that principle we must adopt.
00:58 The changes that we will have to take, including in the forthcoming budget,
01:05 will be clearly formulated based on these sound principles.
01:10 Taxation is only when necessary, and it should never be seen as a burden to the public and the business community.
01:20 Because it is our intention to ensure that investors, be it foreign or domestic,
01:28 see this as an opportunity to enter into a business enterprise that would reward them.
01:39 At the same time, to instill this sense of belonging, sense of responsibility,
01:47 consistent with the modern day concept that you have a role to the family, to the society, and to the nation.
01:56 And there are others who have been deprived and marginalized,
02:00 which have not had this opportunity to be able to compete or even survive as a nation.
02:10 And this is clearly formulated in the economy madani, empowering the people,
02:17 or empowering the people. And again, I need to reiterate the point that LHD and hasil has a major responsibility in this regard.
02:30 You are entrusted with the task of ensuring that the government finances is sound,
02:38 not to be abused, not to be spent on luxury items, and to be taken for granted by leaders
02:46 who hold office, and we have seen this track record in this country in the past,
02:51 where positions of power is an opportunity to amass personal wealth and enrich the family members or clonies.
03:02 So it is therefore pertinent that we work as a family committed to some ideals and principles.
03:11 And this is to me clearly what we have learned, what we need to learn.
03:17 Current issues that must be addressed, rising living costs of the people.
03:24 Of course, not only in the last 8 months, but earlier.
03:29 There have been some initiatives, but this administration has given a lot of attention.
03:39 First, to ensure that we have good governance. We must rid this country of endemic corruption.
03:46 We can collect the total financial, as much as possible, but if the governance issue is not resolved,
03:54 too many leakages. You spend 22 billion ringgit to have the rakyat, and we have leakages all around.
04:05 5-6 billion, go on haywire. We can approve contracts, whether it's flood mitigation, or jana wibawa, whatever,
04:16 and yet, funds have been siphoned off. Now this has to stop, and must stop now.
04:27 And mind you, I will not, this administration will not compromise. It does not matter.
04:35 As I have said earlier, whether you are a minister, you are a toon, you are a tansri, you respect the law,
04:42 or we will have to go after you.
04:44 [Applause]
04:48 [Silence]
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