PM tells Cabinet to pursue major policy shifts for a more resilient Malaysia

KUALA LUMPUR, Oct 24 — Prime Minister Anwar Ibrahim urged Cabinet members to consider significant policy changes to enhance national resilience in key sectors such as industry and the economy, according to a report by Bernama. The Prime Minister expressed his confidence in Malaysia's potential for growth, citing the country's abundant resources, human capital, discipline, and resilience.

He stressed that Malaysia could continue to progress as a great nation through ongoing efforts by the Ministry of Investment, Trade and Industry (MITI) and collaboration with the industry. The Prime Minister, who also serves as the Finance Minister, emphasized the crucial role of the government in ensuring economic and national stability, as well as the importance of effective execution of policy plans.

He highlighted the New Industrial Master Plan, energy transition, and digital transformation as areas that require clear policies and successful implementation. He further stressed that while many countries can create impressive plans, it is essential to have the capability to execute them effectively, and the responsibility lies not only with bureaucracy but also with industrial players.