Domestic policy crucial to build country's position, economic management, says Anwar

PUTRAJAYA: Domestic policy is crucial in the government's efforts to develop the country's position to ensure better economic management and, at the same time, avoid leakages, says the Prime Minister.

Datuk Seri Anwar Ibrahim said that the government, especially the Finance Ministry, must pay full attention to good governance and economic management to avoid leakages and speed up the development approval process.

"For the Finance Ministry staff, we cannot run away from such a focus, which is to fully concentrate on it," he said when speaking at the Finance Ministry staff assembly on Tuesday (Feb 6).

Anwar said that the reforms implemented to reduce leakages and improve governance enabled the government to improve assistance to the people, including the adjustment of civil servants' salaries.

This gives new confidence and recognises the welfare of the people, he said.

Meanwhile, Anwar also said that the country needs sufficient fiscal space to ensure prosperity, and at the same time, the people's standard of living can be improved.

It was previously reported that the Madani government is facing fiscal constraints due to the national debt reaching RM1.2tril, which is almost 65% of the gross domestic product. – Bernama