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LIGHTENED
THE BURDEN OF
PRICE INCREASES |
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Spent RM16.2 billion in petrol, diesel and gas
subsidies, and RM18 billion in lower gas prices
for industry and electricity generation (2007) |
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Committed RM9.2 billion in other subsidies,
from fertilisers to tolls to tuition vouchers
(2007) |
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Spent RM331 million in electricity tariff
subsidies in 2006 and 2007 |
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Maintained price controls on essential goods |
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Removed school and examination fees |
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Expanded Skim Pinjaman Buku Teks to all
primary and secondary school students |
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Maintained government clinic consultation
fees at RM1 |
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Built more low-cost houses; maintained rents
at RM100-300 a month |
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Reduced cost of purchasing homes by up to
RM2,000 by cutting stamp duty |
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Reduced Road Tax |
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INCREASED
DISPOSABLE
INCOME |
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Increased salaries and COLA for civil
servants, police and armed forces
amounting to RM8 billion per year |
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Increased special allowance by as much
as RM1,500 for teachers and teaching
assistants serving in rural areas
amounting to RM187 million in total
allowances per year. |
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Higher Employees Provident Fund/Bank
Rakyat/Lembaga Tabung Angkatan
Tentera/Lembaga Tabung
Haji/Permodalan Nasional Berhad
dividends thanks to GLC Transformation
and a healthy economy |
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Tax relief on purchase of books increased
from RM700 to RM1,000 per year |
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Tax relief of up to RM4,000 for each child
studying in tertiary institutions |
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ENSURED NO ONE
LEFT BEHIND |
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Allocated monthly school allowance
for 1.5 million deserving students |
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Increased maximum monthly
assistance per poor household from RM350 to RM450 |
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Awarded automatic scholarships
for top-scoring students from families earning less than RM1,500
monthly to pursue tertiary education |
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Doubled monthly allowance
for disabled students from RM25 to RM50 |
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Increased disabled workers
monthly allowance from RM200 to RM300 |
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Tax relief of RM5,000 for
each disabled child |
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Tax relief for disabled taxpayers
increased from RM5,000 to RM6,000 |
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Issued additional RM2 billion
bonds for pensioners |
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Issued RM1.75 billion Merdeka
bonds for pensioners |
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Made one-off payment to 542,000
pensioners of between RM200 and RM400 |
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Monthly assistance for the
elderly increased from RM135 to RM200 |
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