Malaysia’s Premier Focuses on Trust Rebuilding via Extensive Cabinet Reshuffle

Malaysia’s Prime Minister, Anwar Ibrahim, reshuffled his cabinet on Tuesday. Now, Anwar Ibrahim’s decision comes after a dip in recent public opinion polls. It also comes amid concerns over the economy and inflation and also slow pace in reforms. Now, Anwar Ibrahim’s reshuffle includes changes to the foreign defense and energy portfolios. The reshuffle also includes creating several new posts and a second Finance Minister.

Now, during a press conference, the Prime Minister said, and I quote, The Ministry of Finance, other than being headed by me, must have a strong professional team to ensure we are on the right track and focus on the economy. Prime Minister Anwar Ibrahim has named a new Commodities Minister and shifted Deputy Prime Minister Fadila Yousif to the newly created energy transition and public utilities portfolio. Mohamed Hassan, who was earlier the Defense Minister, has now been put in charge of foreign affairs.

According to a recent independent survey published in November, Prime Minister Anwar Ibrahim’s approval rating dropped from 68% to 50%. The approval of the government also dipped from 54% to 41%. Now, as per reports, this was driven by concerns over a slowing economy and inflation. Further, the Malaysian ringgit is one of Asia’s worst-performing currencies this year, which has led to concerns over rising consumer costs as well.

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