00:00When it comes to taking orders from the government, the Madani government sets a clear goal,
00:07that sustainability cannot be continued and maintained.
00:12The principle of good governance must continue to be rooted and promoted.
00:19Therefore, what is being discussed and discussed today is not only the spending of the Ministry of Finance or the government in general,
00:28but also the spending of the people and the country of Malaysia.
00:32In fact, I want to embrace all the powers of the people.
00:36The country must be known and recognized with a good governance system,
00:41with value and without using power to maintain the environment.
00:45Therefore, with full commitment, I urge this spending to be restricted the meaning and benefits of the people and the country.
00:54Although the world economy is in turmoil, geopolitics does not give up.
01:00The economic situation of the country is in crisis and continues to grow.
01:05The economic growth of the second race in 2024 reached 5.9% compared to 4.2% of the first race.
01:17Unemployment as of August 2024 fell to 3.2%, the lowest since January 2020.
01:26Inflation in August 2024 fell by 19% after three consecutive months at 2%.
01:36However, we did not hesitate in trying to reduce the increase in the cost of living that burdened the people.
01:47For the first half of 2024, we managed to raise the investment that was approved for Rp 160 billion,
01:59to Rp 135.6 billion in the previous period.
02:09I would like to congratulate all the members of the Jumaat Menteri,
02:14both domestic and international workers who work tirelessly to raise the national economic level.
02:22We managed to boost the Ringgit to 14.4% compared to the US dollar in the third race in 2024,
02:32the best achievement since 1973.
02:39The value of the domestic equity market broke the highest number,
02:43exceeding Rp 2 trillion, in addition to the FBM-KLCI business index, again exceeding Rp 1,600.
02:52The state credit rate was maintained.
02:56The economic performance exceeded expectations and peaks,
02:59both in terms of growth, investment and value of the ringgit,
03:03depicting the confidence of investors and the initial success of the steps of economic renewal.
03:10Therefore, KDNK 2024 is projected to be stronger between 48% to 5.3%,
03:21compared to the previous 4% to 5%.
03:26Next year, we are confident that the economy will develop, God willing,
03:30stronger between 45% to 5.5%,
03:35supported by the Madani 3rd strategy of spending in 2025.
03:39The fact that this achievement is not denied,
03:43in addition to the development of the balance sheet and the fiscal base.
03:47However, we cannot imagine that this achievement,
03:51should be based on commitment or commitment to the agenda of change and reformation.
03:59A comfortable culture, a culture of complacency,
04:03which is easy to do with praise, must be stopped.
04:09The Madani 3rd strategy of spending will pay off.
04:13The achievement of improving the Madani economy,
04:17the achievement of more firm reforms,
04:20the achievement of eliminating recreation,
04:23the achievement of increasing wages and income,
04:26and the achievement of addressing the cost of living.
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