PM to speak on state of ringgit soon, says Ahmad Maslan

JOHOR BARU: Prime Minister Datuk Seri Anwar Ibrahim is expected to make an announcement soon regarding the country’s current financial situation and the shrinking value of the ringgit, says Datuk Seri Ahmad Maslan (pic).

The Deputy Finance Minister said Anwar - who is also the Finance Minister - will be attending an event at the Securities Commission at noon on Monday (June 19), where he is slated to speak.

ALSO READ: Ringgit will not hit 5.0 against US dollar, says BNM assistant governor

Ahmad was asked to comment on the decline of the ringgit against the US dollar and whether or not the government was considering measures to address the situation.

“The PM will be attending the programme after the swearing-in of the new Dewan Negara president.

“I leave it to him to speak about policy matters,” he said after visiting Bank Simpanan Nasional at Wisma BSN here on Sunday (June 18).

ALSO READ: Is the ringgit weakness permanent?

Ahmad added that the government is currently updating information related to the Rahmah Cash Aid for B40 recipients before the funds are disbursed by the Hari Raya Haji celebrations.

He said a total of RM2.14bil would be distributed to about 8.4 million recipients.

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