00:00We are now more selective in choosing investment that can directly benefit the country.
00:13This is the problem we are facing now, education and health.
00:19In my studies, I went to the highest level, education.
00:23Second, health.
00:26But we can't be patient, because we subsidize the richest people.
00:31That's why I don't agree to increase the fees.
00:36I don't agree, because it burdens the students.
00:41B40, M40.
00:43But the richest families can pay hundreds of thousands at private universities,
00:49but can't pay tens of thousands at public universities.
00:53We have to change.
00:55I gave an early notice, including hospitals.
00:59How can a rich person who sits in a first-class university in a government hospital
01:05pay a minimal fee?
01:07If we continue like this, there will be no country in the world.
01:11Now, look at the failure of the NHS in the UK.
01:15That's because we subsidize, and when you subsidize as a major general policy,
01:22we can't afford it.
01:25Malaysia's tax base is the lowest in Asia.
01:29That means the rate of interest is the lowest in Asia.
01:32And no government dares to raise the tax base,
01:37especially before the election.
01:39I'll answer that question.
01:42But we have to adopt a radical attitude,
01:47including subsidizing diesel.
01:50Even though it's all forced,
01:52as Anwar said,
01:54if the weather is good, the oil price will go down.
01:57But the diesel price will go down.
01:59It's not even mentioned.
02:01The diesel price will go down. Can you imagine?
02:03After we subsidize, the price of diesel will go down.
02:07How much is it? 40?
02:10Yes.
02:13Diesel has helped to give confidence to investors.
02:21Look at the share market.
02:23Another is the Fiscal Responsibility Act.
02:27It shows that if the finance minister is willing to hand over his power to the parliament,
02:36the target will not be achieved.
02:38He has to then explain why
02:40and ask for a vote from the parliament.
02:42This is very radical.
02:44There's no finance minister willing to do that.
02:46But when we do that,
02:48he'll say,
02:49you're really serious about reform.
02:51And then,
02:52there's the cash-in.
02:53It's more firm
02:57to implement some initiatives of reform
03:00that I think are important.
03:02So,
03:03I gave notice to Anwar about the rich people.
03:06They can't just accept subsidies.
03:09It used to be electric.
03:11Electric.
03:12When we did the initial subsidies,
03:14it wasn't very controversial.
03:1785% of the people were not affected.
03:21They didn't raise the price.
03:22Only 15% were the highest.
03:25We were attacked in Makihamun.
03:2815%.
03:29Those are the richest people.
03:31There wasn't much reaction from them.
03:33The reaction was only from politicians.
03:36So, I asked,
03:37who do you represent?
03:38If you represent the people,
03:3985% of the people were not affected.
03:41If you represent the poor,
03:43you tell them.
03:44You represent the rich.
03:45That's what he said.
03:46Where is the word rich in Malay?
03:49Those who followed,
03:50you know I said,
03:51rich students,
03:52rich families,
03:54and one more thing.
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