Proactive steps based on data, current realities to tackle global energy shocks, says Anwar


Photo: Bernama

PETALING JAYA: Proactive action will be taken based on data and current realities, ensuring all measures are comprehensive, balanced, and effective in addressing the global energy crisis, says Datuk Seri Anwar Ibrahim.

The Prime Minister warned that the world is entering a more challenging and uncertain phase, and Malaysia is not immune to its impact. 

"We cannot be complacent or overly comfortable. 

"We must be prepared with discipline, resilience, and a strong sense of unity," he said in a statement on Tuesday (March 31).

Anwar said this after chairing the National Economic Action Council (MTEN) meeting.

At the same time, Anwar, who is also the Finance Minister, however said that Malaysia’s economic fundamentals remain strong and resilient. 

"The government will continue consulting with industry players and SMEs to ensure every step taken is impactful and well-balanced," he said.

He also urged Malaysians to strengthen the domestic economy by prioritising local products and supporting home-grown entrepreneurs. 

“Our internal strength is our main defence against global energy shocks, especially in light of conflicts in the Middle East.

"God willing, every decision will continue to be guided by responsibility and the interests of the people. 

"The government will strive to ensure the stability of the energy supply, the smooth functioning of the economy, and that the people's welfare remains a top priority in every action," he said.

 

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