Anwar Ibrahim: Love Domestic Products

Malaysian Prime Minister (PM) Anwar Ibrahim has called on his citizens to prioritise purchasing local products to strengthen the domestic economy amid threats of an energy crisis due to the war in the Middle East.

“I call on all the people to strengthen the domestic economy. Prioritise local products and support our entrepreneurs, because internal strength is the main fortress in facing the global energy crisis due to the conflict in West Asia,” said Anwar Ibrahim while chairing the National Economic Action Council (MTEN) meeting, a Malaysian government advisory body on economic crisis issues, in Malaysia on Tuesday.

Anwar stated that the MTEN meeting thoroughly reviewed the developments of the escalating global energy crisis and its implications for the country’s economy and people’s welfare.

“In essence, the world is entering a more challenging and uncertain phase; and Malaysia is no exception to its impacts. Therefore, we must not be complacent or too comfortable. We must be prepared with discipline, resolve, and a high spirit of togetherness,” said Anwar.

Amid the existing challenges, he added, the Malaysian Government emphasises that the foundation of the national economy remains strong and resilient.

According to Anwar, his MADANI administration will continue to act proactively based on current data and realities, including obtaining views from industry parties as well as small and medium enterprises (SMEs) so that every step taken is comprehensive, balanced, and effective.

“Insyaallah, every decision will continue to be based on responsibility and the interests of the people. The government will strive to ensure that energy supply stability is maintained, the economy continues to run well, and public welfare remains a priority in every action,” Anwar stated.