Rakyat’s
Economy

Rakyat’s
Economy

BARISAN NASIONAL’S MANIFESTO
Raising the minimum wage in phases to at least RM1,500 within five years.
Establishing a Fair Works Commission to ensure that the salary levels of private sector workers are more equitable.
Enhancing the well-being of employees of Government-Linked Companies and Government-Linked Investment Companies who earn RM2,500 and below through expanded insurance coverage, increased healthcare benefits and increased cost of living allowance.
Introducing special student discount cards to reduce the costs of transportation, Government services and education-related necessities.
Allocating a special fund worth up to RM300 million to write-off extraordinary or extreme debt of all qualified FELDA settlers for the next 5 years starting in 2018.
Intensifying FELDA 2.0 initiative via 15 plans for 2018 and 2019 with an allocation of RM300 million to create a smart community and sustainable local economy. This initiative will be continued to all Rancangan FELDA nationwide and will benefit settlers and second generations residing in Rancangan FELDA.
Allocating special funds to eliminate the additional debt incurred by FELDA settlers during the crop replanting process.
Empowering consumerism through direct allocations to consumer associations.
Amending the Price Control and Anti-Profiteering Act to enhance KPDNKK’s authority to take action against traders that make excessive profits.
Providing a special incentive of RM5,000 to every FELDA settler.
Creating a special grant for replantation worth up to RM7,500 per hectar for each qualified FELDA settler in the next 5 years starting 2018. This grant is to reduce up to 70% replantation debt of FELDA settlers.
Writing-off the FELDA settlers’ debt from the purchase of FGV shares.
Increasing the activation price for the Rubber Production Incentive (IPG), to safeguard the welfare of rubber smallholders.
Increasing the Monsoon Season Aid for rubber smallholders.
Minimising the involvement of middlemen in agricultural and fishery products in order to reduce the prices of basic food items and increase the incomes of farmers and fishermen.
Expanding the funds for the Agricultural Assistance Scheme and replanting of palm oil, rubber, cocoa and kenaf smallholders.
Introducing multi-tiered dividend and bonus rates for government-linked investment funds and unit trust funds such as PNB, Tabung Haji, LTAT and other GLICs (except EPF) for the purpose of fairer distribution.
Allocating a special assistance scheme worth RM222 million for FELCRA, KESEDAR and KETENGAH settlers.
Reducing the maximum limit on interest rates and late payment charges for credit cards.
Revising individual and corporate income tax rates to ensure Malaysia remains competitive in the regional market.
Transforming the agriculture sector into a high-income industry through the use of latest technologies such as vertical farming as a way to enhance the country’s food production.
Extending the income tax exemption period for parents of National Education Savings Scheme (SSPN) account holders.
Implementing the Veteran Annuity Scheme to assist armed forces officers who are not enrolled in the pension scheme so that they receive monthly payments upon retirement.
Providing a Special Assistance of RM600 a year to ATM veterans (aged 60 years and above) who don’t receive pensions or BR1M.
Providing an individual tax incentive of RM1,000 a year for those who contribute towards the development of national cultural arts.
Building 20 fish markets throughout the country.
Allocating RM3 million for the Art Practitioners Welfare Fund (Tabung Kebajikan Penggiat Seni TKPS) every 5 years.
Providing a grant of RM5 million every 5 years to activists of heritage bodies.
Encouraging arts and culture in society to flourish by providing venues such as the Cultural and Arts Centre (Wisma Kesenian dan Kebudayaan).
Establishing a RM10 million welfare fund to assist cultural groups and creative industries.
Increasing the amount of Content Malaysia Pitching Centre’s creative micro grants to RM10,000 from the existing RM5,000.
Strengthening the socio-economic status of the Indian community through the Prime Minister’s Department (PMD) Socioeconomic Development of Indian Community Unit (SEDIC) with continuous funding, skills and entrepreneurship training, and education to elevate the Indian community.