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PM Anwar Ibrahim Announces Govt Initiative to Secure Funds for Private Sector Salary Adjustment
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PM Anwar Ibrahim Announces Govt Initiative to Secure Funds for Private Sector Salary Adjustment

Siti Khairina Mohd Fikri
by Siti Khairina Mohd Fikri
Aug 10, 2023 at 10:58 AM

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To address salary adjustments for private sector workers, Datuk Seri Anwar Ibrahim, the Prime Minister, announced the government's commitment to finding funds to cover part of the payment. The unity government focuses on innovative methods to ensure fair wages for private sector employees, emphasizing the importance of worker well-being.

 

Prioritizing Private Sector Salary Adjustments

Anwar highlighted the government's dedication to addressing the issue of salary adjustments for private-sector workers. Recognizing that many countries have yet to take similar steps, he stressed the unity government's commitment to devising effective methods and mechanisms to enhance employee compensation in the private sector.

 

Ensuring Fair Wages and Worker Well-being

Emphasizing the government's sensitivity to the challenges faced by workers, Anwar highlighted the disparity between factory profits and worker wages, particularly in cases where earnings do not meet the minimum wage standards. He affirmed the government's decision to explore innovative approaches to increase salaries, ensuring workers' financial security and well-being.

 

Government's Role in Economic Expansion

Anwar underscored the significance of small and medium entrepreneurs in driving the growth of the Madani economy. He stressed the government's commitment to eradicating poverty. He emphasized the need for apparent political dedication to ensure the welfare of entrepreneurs. He further highlighted that economic programs must be designed to prevent marginalization within this group.

 

Political Commitment and Initiatives

Anwar Ibrahim addressed the criticism directed at the government during the state elections, noting that the unity government had introduced impactful initiatives. He mentioned the two-year five-season rice production initiative and the Padi Price Subsidy Scheme (SSHP) rate increase. Anwar highlighted the government's proactive approach to addressing critical issues and uplifting citizens' welfare.

 

Keynote

In conclusion, Datuk Seri Anwar Ibrahim's government remains dedicated to addressing salary adjustments for private sector workers and fostering entrepreneurship to expand the economy. With a focus on innovative solutions and political commitment, the government aims to ensure fair wages and enhance the overall well-being of workers and entrepreneurs alike.

 

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