PRIME MINISTER Datuk Seri Anwar Ibrahim has called for greater efforts to extend the benefits of Malaysia’s economic progress and financial knowledge beyond the elite, stressing that improved financial literacy is vital to protect ordinary citizens from exploitation and economic vulnerability.
Launching the Malaysia National Financial Literacy Strategy 2026–2030 and Financial Literacy Month 2025, Anwar said while the national economy and financial sector remain on strong footing, it is crucial that their rewards are not confined to the wealthy or politically powerful.
“The country’s economic growth rate is healthy, and the financial sector is vibrant overall, which is reassuring. We do not want these benefits to be enjoyed only by a small group, such as the elite in terms of power or wealth,” said Anwar.
“We want to expand this across all communities, reaching even the poorer or middle-income groups. The way to achieve this is by fostering financial understanding.”
He noted that a well-informed public is better equipped to avoid falling victim to dubious investment schemes and financial scams – risks that disproportionately affect lower- and middle-income groups.
The launch event was attended by Education Minister Fadhlina Sidek, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour, and Securities Commission Malaysia Chairman Datuk Mohammad Faiz Azmi. - October 3, 2025
