KUALA LUMPUR: The government will continue to address issues affecting the people such as the cost of living, and implement community-based programmes to ensure their well-being, Yang di-Pertuan Agong Sultan Muhammad V said today.
He said the government’s emphasis on the matter was evident from the recent establishment of the National Cost-of-Living Action Council.
“I believe more initiatives will be introduced following the setting up of the council to draw up appropriate programmes that can be implemented immediately to ease the burden of the people.
“Allocations will continue to be provided to carry out more community-based programmes and projects for their well-being,” he said.
Sultan Muhammad V was delivering his royal address at the opening of the first meeting of the sixth session of the 13th Parliament here.
He said in the face of the global economic uncertainty, the government remained focused on and committed to prudently implementing fiscal transformation policies and national economic and financial management.
He said government finances were expected to be stronger following higher revenue collection, moderate growth in spending, the continuing decline in targeted fiscal deficits, strong international reserves, and manageable and controlled federal government debts.
“The country is still one of the preferred investment destinations and is expected to attract higher investments in 2018. It is hoped that the momentum of this positive performance can be sustained.
“As for the future, the country should continue to step up efforts because maintaining success is more difficult than achieving it,” he said.
Sultan Muhammad V also urged the government to ensure that all programmes and projects were implemented by taking into account the current challenges facing the country. – Bernama