00:00During your speech, you mentioned that this is currently the longest serving administration, 22 months and 15 days.
00:09Since 2018.
00:11Since 2018, and what are the challenges ahead? How are you going to move forward?
00:30We want to build a sustainable building, with a new foundation that has been announced under the framework of the civil economy.
00:41And a year after the civil economy was announced, together with the new industrial plan,
00:51as well as the energy transition plan, NETR, we have seen a good amount of investment,
01:02increasing the population for the sake of the population, compared to the previous year.
01:09In fact, the confidence among foreign investors has been translated into the strength that we see in terms of the value of RM1.
01:20When this recording was made, the value of RM1 was at 4.31% compared to the US dollar,
01:29which is a fairly good position, and we expect it will continue to grow.
01:34At the same time, the people expect not only a stable administration from a political point of view,
01:41but also that the good will overflow to the people.
01:44For public servants, starting on December 1st, they will enjoy a raise in salary,
01:48while for 1,000 companies involved in the progressive wage base program,
01:54their workers, who are estimated to cut off a total of 1 million workers, will begin to enjoy a raise in salary.
02:02And at this time, we can also see the proud KDNK growth,
02:08a reduction in the deficit compared to the KDNK, a reduction in government loans,
02:13and also a stable inflation of around 2%.
02:19So, the metrics in terms of economic growth are quite positive.
02:23The price of goods is under control, the stock of goods is sufficient, especially in the holiday season.
02:29And what is important in the future is to further stimulate growth
02:34and ensure that the issue of the cost of the people's livelihood can be handled.
02:40As mentioned in the speech of the Ministers,
02:45during the official welcome session of the World Honourable Seri Paduka Baginda,
02:55our focus is to solve the problems of the people, especially the cost of living.
03:01In the period of one month and 15 days?
03:04More.
03:05More, right?
03:06659 or 670 days, more or less.
03:14Even though it's a short period of time, we have achieved a lot.
03:18As we can see, as has been announced by the Deputy Prime Minister, Dato' Fadillah Yusof,
03:27in issues such as MA63, the government has done far more,
03:33solved far more problems,
03:37made a much greater contribution compared to the previous administrations.
03:42And it is not, it is merely to be fair.
03:48The statement of the Deputy Prime Minister is,
03:50this is an agreement that was formed by the Malaysian fathers
03:54during the formation of Malaysia in 1963.
03:57We must implement it and it is an obligation for this administration to solve as much as possible.
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