Page 25 - PH Manifesto English

Promise 5: Reduce the burdens faced by young people

Young people need help to start their independent lives so that they

will be able to fully contribute to the nation quicker. But today young people
are under pressure from the surging cost of living, especially if they are at

the beginning of their career.

The Pakatan Harapan Government will give priority to young people who

qualify to buy or rent affordable houses in Malaysia.

To assist young people in purchasing their first car, the Pakatan Harapan

Government will reduce excise duty for imported cars below 1600 cc that are
being purchased as the first car so that the price to the buyer is lower.

The burden of PTPTN loans that graduates have to shoulder today will be
reduced by extending the date they have to start repayment. These young

people will only be asked to start repayment when their monthly salaries

reach RM4,000 per month. Students who performed well in their studies
and students from low income households will be given commensurate

discounts or the loan will be forgiven completely.

The Pakatan Harapan Government will incentivise marriage using

mechanisms employed by Pakatan Harapan government in Selangor. This

will help young couples under 35 to build their new lives.

Pakatan Harapan believes that good employers will help repay the PTPTN

loans of their employees. Thus, tax incentives will be introduced to
employers who assist in the repayment without deducting the employee’s

salary.

To create more high quality and well-paying jobs that are suited to the

qualifications of young people, the Pakatan Harapan Government will spur

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