Rising costs: Madani’s sick humour

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Rising costs: Madani’s sick humour

KUALA LUMPUR, June 20, 2025: Rising costs of living is the dilemma of Malaysians.

And they have the Madani Unity Government to thank for their misery to put food on the table daily for their loved ones.

While Malaysians have to grapple with rising costs of living, Malaysia’s 10^th Prime Minister (PMX) Anwar Ibrahim is spending lavishly (using taxpayers’ money) to extend aid to foreigners, especially the Palestinians and bringing them to Malaysia for free tertiary education!

Clearly, Anwar is taking for granted the support of multiracial Malaysians. Still think he is a PM for all Malaysians?

Mr NATO (No Action Talk Only) has got all the rakyat dan negara (people and country)’s priorities all upside down!

No News Is bad News reproduces below an article that is being circulated on WhatsApp. The author is unknown:

*MADANI GOVERNMENT IS SO DESPERATE THAT IT'S NOT BOTHERED ABOUT PUBLIC WELFARE*

1. Raise electricity tariffs on 1 July 2025

2. Increase port charges by up to 30%, also starting 1 July 2025

3. Expand the sales tax to cover 97% of all goods and impose service tax on education, healthcare, beauty, finance, rentals, and industrial sectors — even fruits, salt, raw sugar and seawater are now taxed; all starting 1 July 2025

4. Maintain Petronas’ RM32 billion dividend payout — same as last year — even though Petronas profits have plunged by 32%, forcing them to retrench over 5,000 employees and freeze all promotions and new hiring until end-2026

5. Planning to hike RON95 fuel price in the second half of 2025?

The answer is simple:

The Madani government has failed to manage the economy and national debt responsibly.

Proof #1 – Revenue, Spending & Deficit (Jan–April)

Government Revenue:

• 2022: RM82.0 billion (Q1 still under lockdown, economy reopened in April)

• 2023: RM98.6 billion

• 2024: RM93.2 billion

• 2025: RM97.1 billion

Even with multiple new and expanded taxes (LVGT, CGT, dividends, SST widening), revenue in 2024 and 2025 is still lower than in 2023.

That means the economy isn’t growing fast enough to generate more tax income.

Government Spending:

• 2022: RM116.5 billion

• 2023: RM122.8 billion

• 2024: RM133.2 billion

• 2025: RM127.8 billion

Spending increased significantly in 2024 and 2025 — even after slashing subsidies on flour, diesel, water, electricity, Indah Water, chicken, and eggs.

Deficit (Overall Balance):

• 2022: -RM34.4 billion

• 2023: -RM24.1 billion

• 2024: -RM40.0 billion

• 2025: -RM30.7 billion

The deficits in 2024 and 2025 are worse than in 2023, despite extraordinary one-off support in 2024:

• KWAP dividend: RM5 billion (vs forecast RM3 billion)

• BNM dividend: RM5.25 billion (vs RM2 billion)

• RM2 billion from amendments to the Unclaimed Monies Act

• RM2 billion early payment from Petronas for the Bandar Malaysia land deal

Apart from the final RM4 billion payment from Petronas, most of these revenue windfalls will not recur this year — especially with a stronger ringgit and weak stock market.

Proof #2 – Government Debt and Debt-to-GDP Ratio

As of 16 June 2025, the government has already borrowed a net RM64.28 billion — that’s 79.4% of the RM81 billion debt limit set in Budget 2025, even though only 45.8% of the year has passed.

This means:

• Either they cut spending drastically (impossible, given Madani’s bloated budgets for three straight years),

• Or they will squeeze the rakyat further to raise more taxes — quickly — because there’s only RM16.7 billion in the borrowing room left for the rest of the year.

Due to stagnant revenue and rising spending, government direct debt has soared:

• Nov 2022: RM1.071 trillion

• Jun 2025: RM1.305 trillion

*• That’s an increase of RM234.2 billion in just 30 months of Madani.*

Debt-to-GDP ratio also surged:

*• From 60.3% to 65.5% by Q1 2025*.

This shows that debt is rising faster than economic growth.

*If GDP were truly expanding in a healthy way, this ratio should be going down — not up*.

Proof #3 – Government Debt Servicing Costs (Interest Only)

• 2022: RM41.3 billion

• 2023: RM46.1 billion

• 2024: RM49.8 billion

*• 2025: RM54.7 billion*

With an additional RM81 billion in borrowing for 2025, interest payments in 2026 are projected to hit RM63 billion.

*That’s an increase of RM21.7 billion in annual interest payments in just 3 years* — and this is just interest, not even principal repayment.

To compare:

Back in 2017 under Najib, the total annual debt servicing cost was only RM28 billion.

Bottom Line: *Madani Is Squeezing the Rakyat to Cover Their Own Failures*

To preserve their budget targets, slow the debt spiral, and fund ballooning interest payments, the Madani government will continue extracting from the rakyat — through every possible means — to cover up three years of economic mismanagement.

Because when you don’t know how to run a country,......

*The rakyat ends up paying the price*.

The rakyat is in need of aid during these difficult times. Yet, the Madani govt chose to fly Palestinians to Msia for medical treatment and also make donations to the Palestinians when we have so many Msians in need. Also instead of recovering monies plundered by the #1 kleptocrat and UMNO cronies, they chose either to commute jail sentences, remission of fines and DNAAs.

Charity, unfortunately, does not begin at home. The burden is passed on to the taxpayers