PUTRAJAYA April 28, 2026 – Prime Minister Dato’ Seri Anwar Ibrahim today chaired the National Economic Action Council (MTEN) meeting to address the escalating global supply chain disruptions, raw material shortages, and rising cost of living triggered by ongoing conflicts in West Asia.
In a statement posted on X shortly after the meeting, Anwar said the MADANI Government is managing the situation through a phased, data-driven approach involving close collaboration with industry players and swift on-the-ground actions.
“Our priority is not only to stabilise prices but to ensure the continuous supply of essential goods and to minimise the sudden impact of cost increases on the rakyat,” he said.
The meeting focused on five key priorities:
- Stabilising the supply of energy and critical inputs
- Controlling cost pressures on citizens
- Ensuring important projects are not delayed
- Protecting jobs and family incomes
- Strengthening long-term economic resilience
Anwar added that the council reviewed a presentation by Khazanah on the wider implications of the global supply crisis, which is now shifting investor focus towards energy stability, access to raw materials, and a country’s capacity to manage economic shocks.
“Malaysia has strong fundamentals to endure this, but I stress that this strength must be translated into organised and firm actions,” the Prime Minister emphasised.
He highlighted the empowered role of Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs), saying the government is committed to keeping the country stable, protecting the people, and ensuring Malaysia emerges more resilient from these challenges.
The meeting was held as geopolitical tensions in West Asia continue to disrupt global supply chains and push up commodity prices worldwide.
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