PUTRAJAYA, Feb 6 — Domestic policy is crucial in the government’s efforts to develop Malaysia’s position to ensure better economic management and, at the same time, avoid leakages, said Prime Minister Datuk Seri Anwar Ibrahim.
It is important for the government, especially the Finance Ministry, to pay full attention to good governance and economic management to avoid leakages and to 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 ministry staff assembly today.
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.
Meanwhile, Anwar also said the country needs sufficient fiscal space to ensure prosperity, and simultaneously the people’s living standards can be improved.
It was previously reported the Madani government is facing fiscal constraints due to the national debt reaching RM1.2 trillion, which is almost 65 per cent of the gross domestic product.
— Bernama