KUALA LUMPUR: The Yang di-Pertuan Agong, Sultan Muhammad V, today opened the first meeting of the first session of the 14th Parliament, and praised the new government for upholding transparency.
His Majesty made particular reference to the government's revealing of the actual financial position of the country, its review of expenditure and costs of projects and its prudent financial management.
The King expressed support for the government action in abolishing the Goods and Services Tax (GST), stabilising fuel prices and providing a cost-of-living allowance to target groups, which he felt would ease the financial burden of the people.
"At the same time, I appreciate the contributions of the people, regardless of religious beliefs, race and age, to Tabung Harapan Negara in a show of concern for the country," he said in his royal address. The Tabung Harapan Negara trust fund was set up to enable the people to help ease the financial burden of the nation.
The Pakatan Harapan (PH) coalition of Parti Pribumi Bersatu Malaysia (PPBM), PKR, DAP and Amanah took over the federal government after its stunning victory in the 14th General Election on May 9 when it dislodged the Barisan Nasional (BN) that had ruled the country for 61 years since independence.