Moved by the rakyat’s donations to Tabung Harapan, the King wants to carry out his responsibility in reducing the national debt and is taking a pay cut.
The Yang di-Pertuan Agong Sultan Muhammad V has consented to have his allocations and emoluments reduced by 10 percent during his entire reign until 2021.
A statement by the Istana Negara today noted that Sultan Muhammad V wanted to carry out his responsibility in reducing the national debt, as many other Malaysians have through the Tabung Harapan fund set up by the government.
“His Majesty is very touched and wishes to thank Malaysians who have been charitable and donated to the Tabung Harapan.
“His Majesty wants to be with the people in fulfilling their responsibilities.
“His Majesty has decreed and consented that his salary and emoluments be reduced by 10 percent throughout his reign as Agong until 2021,” comptroller of the royal household Wan Ahmad Dahlan Abdul Aziz said in a statement today.
“His Majesty also wishes to carry out his responsibility along with the people by consenting that his salary and emolument be cut by 10 per cent during his tenure as the Yang di-Pertuan Agong until 2021,” it reads.
Wan Ahmad Dahlan said the king will also not be holding an Aidilfitri open house at the Istana Negara this year, as the funds for the event should be used for the less fortunate.