November 25, 2022
1 min read

New Malaysian PM sets priorities, cost of living tops list

In his first press conference, Anwar urged government agencies to conduct detailed discussions and take immediate action to ease the burden of rising prices…reports Asian Lite News

Newly-elected Malaysian Prime Minister Anwar Ibrahim said on Friday that his government will prioritise dealing with the cost of living to ease the burden on the people.

In his first press conference after clocking in for the job, Anwar said he has asked the relevant government agencies to conduct detailed discussions and take immediate action to ease the burden of rising prices on the people, reports Xinhua news agency.

“I have asked for more detailed discussions and immediate action to reduce the impact of the cost of living. I have asked the relevant agencies to meet as soon as this weekend or the coming Monday (November 28),” he said.

On the stability of the government, Anwar said the group of parties from the northern Borneo state of Sabah have officially joined with his unity government and this has pushed the total number of members of parliament in his government to two-thirds.

He also said he would reduce the size of his government’s cabinet to improve efficiency and as a sign of solidarity with the people, he has asked that they will accept lower pay.

“This is still under discussion and I hope to resolve it as soon as possible,” Ibrahim said, adding that he would also hold discussions with the various components of his coalition on deciding the candidates to be appointed ministers.

ALSO READ: Anwar Ibrahim named new Malaysian PM

Previous Story

Mashreq Bank signs strategic partnership with Bank Al Habib Pakistan

Next Story

India, GCC agree to pursue FTA

Latest from -Top News

India Hits $1 Trillion FDI Milestone

Between April 2014 and September 2024, India attracted USD 709 billion in FDI, accounting for 69% of the total inflows since 2000. India has reached a remarkable economic milestone, with Foreign Direct

Maha Kumbh 2025: Festivities Begin

Women participated in a special Ganga Aarti at the Triveni Sangam in Uttar Pradesh’s Prayagraj earlier. The ritual also served as a rehearsal for the upcoming Kumbh Mela. The festivities for Maha
Go toTop

Don't Miss

Malaysian PM Fuels Energy Transition with $430M

Malaysian PM said the facility would enable catalytic blended finance

Malaysia Grapples with Devastating Floods

The east coast states of Kelantan and Terengganu are the