by Theleaders | October 13, 2023 5:22 pm
KUALA LUMPUR, Oct 13 — As Prime Minister Datuk Seri Anwar Ibrahim took the podium to deliver his much-anticipated Budget 2024 speech, Malaysians were in for a surprise.
In a speech that was not your typical, run-of-the-mill Budget address, Anwar flexed his linguistic muscles and peppered his speech with references to Tamil classic poetry.
As he pivoted to discussing the improvement of the people’s quality of life, he reached deep into the treasure chest of Tamil poetry, specifically Thirukkural.
Thirukkural, a classic Tamil text, is a literary masterpiece with 1,330 short couplets covering subjects like ethics, statecraft, and citizenship.
Anwar chose a verse that resonated with his vision for Malaysia, reciting, “Lyatralum Eettalum Kaatthalum Kaattha Vaguthalum Vallathu Arasu.”
Translated, it means, “Anyone capable of amassing wealth from various sources of income must channel that income to a central place, protect that accumulated wealth and manage its expenditure in a protected manner. This is what a King is.”
Anwar essentially used this ancient Tamil wisdom to encourage wealth management that would make even the most skilled financial advisor nod in approval.
Anwar’s latest Budget is the biggest federal spending yet at RM393.8 billion to date.
As Anwar’s government seeks to rationalise existing subsidy spending with the intention of consolidating the country’s fiscal position, Budget 2024’s amount is over RM7.66 billion than the one tabled last February according to Ministry of Finance’s Fiscal Outlook and Federal Government Revenue Estimates 2024 report.
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