Guan Eng thanks the King for helping alleviate nation's debts


  • Nation
  • Tuesday, 12 Jun 2018

PETALING JAYA: Finance Minister Lim Guan Eng has thanked the Yang di-Pertuan Agong for taking a 10% salary deduction to help alleviate the nation's debts.

“The effort His Majesty has taken to reduce the financial burden of the Federal Government has created enthusiasm among the people,” said Lim in a statement Tuesday (June 12).

The Yang di-Pertuan Agong, Sultan Muhammad V, on Monday (June 11) decreed that his salary and emolument payments be reduced by 10% until the end of his term in 2021.

The Comptroller of the Royal Household Wan Ahmad Dahlan Abdul Aziz said the King decided on the salary deduction because he was concerned over the national debt and the country’s economic situation.

Wan Ahmad Dahlan said that the King has also ordered Istana Negara not to host its usual Hari Raya open house this year, preferring that the budget allocated for the event instead be channelled to the needy.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

MP hopes contentious Penampang parking issue resolved next year
Sabah whistleblower risks losing protection by going public, says expert
Prosecution yet to receive AG’s decision on Daim’s case
Carlsberg Malaysia accelerates growth with RM343mil brewery transformation
Trailer driver remanded four days in fatal Bukit Mertajam container accident
Khazanah will not stop investing in start-ups despite FashionValet issue, says Amir Hamzah
Price hike: Netflix subscribers in M’sia will now have to pay more monthly
Home Ministry finalises app for Singapore entry and exit via QR code
Number of trainers at UPNM to be increased to stem bullying, says Mohamed Khaled
Sibu on pathway to becoming tourist-friendly destination, says state deputy minister

Others Also Read