Great statesmanship may cost us elections, says Anwar

Free Malaysia Today

While the government had the political courage to implement the ‘unpopular’ subsidy rationalisation, the prime minister says it cannot go too far as it must ensure its survival in the next general election.   Read More:  https://www.freemalaysiatoday.com/category/nation/2024/10/07/true-statesmanship-may-cost-us-elections-says-anwar/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: https://bit.ly/49JJoo5 Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h Follow FMT on TikTok : https://bit.ly/3uKuQFp Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX Follow FMT LinkedIn - https://bit.ly/42YytEb Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #FMTNews #AnwarIbrahim #UnityGovernment #Statesmanship

Transcript

00:00Achieving great statesmanship may come at the cost of electoral support, says Prime Minister Anwar Ibrahim.

00:09Anwar said his administration has summoned firm political courage, unlike previous administrations,

00:15to implement subsidy rationalisation at the risk of being unpopular among the people.

00:21However, Anwar said the move is not entirely without political considerations,

00:26as the government still has to survive in the next elections.

00:30Anwar said being a great statesman who plans for the next generation is the goal,

00:35but a balance is necessary between being a statesman and a pragmatic politician.

00:41Early in his term, Anwar had pledged to improve Malaysia's fiscal position and reduce government debt,

00:47currently over 60% of the gross domestic product.

00:51Anwar, who is also Finance Minister, aims to replace broad subsidies,

00:56which cost the country RM81 billion last year,

00:59with targeted assistance to help lower the 2024 budget deficit from 5% to 4.3% of GDP.

01:08Natasha Bust, FMT News.

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