Tag: Ahmad Zahid Hamidi

MTEN Reviews Global Energy Crisis Impact, Government Reaffirms Economic Resilience

KUALA LUMPUR, March 31 — The National Economic Action Council (MTEN) convened today to conduct an in-depth review of the escalating global energy crisis and its potential impact on Malaysia’s economy and the welfare of its people. The council highlighted that the global landscape is entering a more volatile and uncertain phase, driven by ongoing geopolitical tensions, particularly in West Asia, which continue to pressure global energy supply and prices. Malaysia, it noted, is not immune to these developments. In response, the government stressed the need for heightened preparedness, discipline, and unity among all stakeholders. Officials cautioned against complacency, urging Malaysians to remain vigilant and resilient in facing the challenges ahead. Prime Minister Anwar Ibrahim reiterated that despite external uncertainties, Malaysia’s economic fundamentals remain strong. He emphasized that the MADANI Government will continue to take proactive measures based on current data and real-world developments, including engaging closely with industry players and small and medium enterprises (SMEs) to ensure well-balanced and effective policy decisions. At the same time, the public has been encouraged to play a crucial role in strengthening the domestic economy. Supporting local products and businesses was highlighted as a key strategy to build internal resilience against global shocks. The government also assured that maintaining a stable energy supply remains a top priority. Continuous efforts will be made to ensure that economic activities proceed smoothly while safeguarding the well-being of the rakyat. With a focus on responsibility and public interest, the administration expressed confidence that Malaysia can navigate the global energy crisis through collective effort, sound policies, and strong national unity.

KUALA LUMPUR, March 31 — The National Economic Action Council (MTEN) convened today to conduct an in-depth review of the escalating global energy crisis and its potential impact on Malaysia’s economy and the welfare of its people. The council highlighted that the global landscape is entering a more volatile and uncertain phase, driven by ongoing […]