THE nation’s supply of oil and gas remains secure despite rising geopolitical tensions in the Middle East, with the government closely monitoring global developments and preparing contingency measures to protect the public and the national economy.
Prime Minister Datuk Seri Anwar Ibrahim said the MADANI Government is maintaining vigilance over the evolving situation and will ensure the country remains prepared for any potential disruptions.
“In this meeting, I informed that Malaysia’s economic fundamentals remain strong despite uncertainties arising from the conflict in West Asia.
“The growth of the Gross Domestic Product (GDP) in 2025 exceeded projections, while the unemployment rate is at its lowest level in 11 years,” he said in a Facebook post after chairing the National Finance Council meeting on Thursday.
During the meeting, discussions focused on the broader economic outlook as well as cooperation between the federal and state governments in sustaining economic growth amid global uncertainty.
Anwar also announced a new initiative aimed at boosting the tourism sector ahead of Visit Malaysia Year 2026.
“The MADANI Government will channel 100 per cent of Tourism Tax collections to the respective states, compared with only 50 per cent previously, as an incentive to stimulate the states’ tourism economies.”
The move is intended to provide greater financial incentives for state governments to expand tourism-related initiatives and stimulate local economic activity.
Reaffirming the government’s commitment to balanced development across the federation, Anwar emphasised that equitable treatment for all states remains a central principle of the administration’s economic policy framework.
“The MADANI Government remains committed to being fair to all states so that we can move forward together in building a more prosperous, sustainable and inclusive nation as outlined in the MADANI Economy framework,” he said. - March 6, 2026
