It's official. We now have a new Prime Minister and ruling government following the 14th General Election (GE14).
Tun Dr Mahathir Mohamad has been sworn in as Malaysia's seventh Prime Minister
on Thursday (10 May) at 92 years old, making him the oldest political leader in the world
As Malaysia's new (and old) head of state, he led a political earthquake to overthrow the ruling coalition that had been running the country since our independence 61 years ago.
Taking over from the previous government would bring significant changes in everything related to the rakyat,
including the price of goods, housing, transportation, health, education, etc.
So if you thought that having a new federal government basically just means having a new leader, well, here are some of the things you can expect in the next 100 days
, as promised by Pakatan Harapan's recent manisfesto before GE14:
Finally! The Goods and Services Tax (GST), which has been extremely unpopular among the public, will be removed immediately to reduce the burden of the people. The GST will be replaced with the Sales and Services Tax.
Targeted petrol subsidies
The price of petrol will be stabilised and the government will reintroduce subsidies for targeted groups, especially those with motorbikes with engines 125cc and below, and cars under 1,300cc.
EPF for housewives
There will be an Employee Provident Fund (EPF) scheme for housewives with a two percent contribution from working husbands. The government will also contribute RM50 monthly for housewives.
Standardise minimum wage
Minimum wage will be streamlined across the country. The government will also begin the process of increasing the minimum wage to RM1,500.
Delay PTPTN fund repayments for those earning below RM4,000
If you fall into this salary category and you are afraid of looking at your PTPTN statement, you can heave a sigh of relief now. Your fund repayments will be postponed and the government will reorganise the repayment structure according to your monthly income. The blacklist system will also be abolished.
The government will introduce a Skim Peduli Sihat
to see households in the B40 group given RM500 worth of financial assistance for basic treatment in private clinics.
And in the next five years
, these are some of the key focuses of the new government:
Abolish toll in stages
Build one million affordable homes in two terms
Expand first home loan schemes
Create a database of unsold homes
PTPTN loan write-offs or discounts for excellent or poor students
Marriage incentives for couples below 35 years old
ASEAN job markets for youths
Reduce broadband prices and increase speeds
RM100 monthly passes for unlimited use of public transportation
10,000 additional public buses
Promote e-hailing and strengthening taxi driver rights
Increased resources for mental healthcare
Resolve waiting time for young doctors and housemen
Two-term limit for Prime Minister
Election Commission placed under Parliament
Lower voting age to 18 years old
Automatic voter registration
Revise all laws regarding media to ensure press freedom
The clock has started ticking and the entire nation is eagerly waiting for these changes to take place. Let's see what happens within the next five years.