Prime Minister Datuk Seri Najib Tun Razak today unveiled the structure and functions of the Special Economic Committee (SEC) which will consider immediate and medium-term planning to further strengthen the country's economic fundamentals.
Najib, who is also Finance Minister, said the SEC would report directly to him and he would scrutinise the current issues like the ringgit's value, maintaining the stability of the financial industry as well as improving confidence in the capital markets.
He said the setting up of SEC took into account the current situation to tackle and reduce any global impact on the country's economy.
"The decision to set up SEC is based on the need of the government to develop and implement immediate measures and plans to ensure that Malaysia continues to grow," he told a media briefing on the establishment of the SEC here today.
Minister in the Prime Minister's Department, Senator Datuk Seri Abdul Wahid Omar, will chair the committee which comprises economists and corporate leaders.
Other members included Deputy Chairman of Khazanah Nasional Bhd, Tan Sri Nor Mohamed Yakcop; Khazanah Nasional Managing Director, Tan Sri Azman Mokhtar;
Chief Adviser of China Banking Regulatory Commission, Tan Sri Andrew Sheng Len Tao; Chief Executive of Symphony Life Bhd, Tan Sri Mohamed Azman Yahya; and CIMB Group Chairman, Datuk Seri Nazir Razak; RAM Holdings Bhd Chief Executive Officer, Datuk Seri Dr K.Govindan; Vice-Chancellor of Universiti Kebangsaan Malaysia, Prof Datuk Moor Azlan Ghazali; Chairman of Association of Banks in Malaysia, Datuk Abdul Farid Alias; and, President of Federation of Malaysian Manufacturers, Datuk Seri Saw Choo Boon.
The committee will under a secretariat in the Economic Planning Unit where its Deputy Director-General, Datuk K.Yogeesvaran, will head it.
Najib said several officers from the Finance Ministry, Bank Negara Malaysia, Ministry of International Trade and Industry, Securities Commission, Prime Minister's Office and Economic Planning Committee, and the Prime Minister's Department will also be included in the committee.
Najib said the committee was merely a short-term solution will only be operational until the global economy bounced back.
"It is short term in nature," he said.
(MORE TO COME)
Bernama
Wed Aug 26 2015
Najib, who is also Finance Minister with Datuk Seri Abdul Wahid Omar at the event to unveil the structure and functions of the Special Economic Committee. - Bernama Photo
AWANI Borneo [18/10/2024] – Perahu karam | Belanjawan 2025 | Pan Borneo dan SSLR
Tumpuan Awani Borneo 18 Oktober 2024 bersama Syaff Shukri
1. Lima peserta latihan regata dikhuatiri lemas di Sungai Sarawak.
2. Pemberian khas Sabah, Sarawak dicadang dinaikan RM600 juta.
3. Pembangunan jalan raya di Sabah, Sarawak terus diperkukuh
1. Lima peserta latihan regata dikhuatiri lemas di Sungai Sarawak.
2. Pemberian khas Sabah, Sarawak dicadang dinaikan RM600 juta.
3. Pembangunan jalan raya di Sabah, Sarawak terus diperkukuh
Tanda retak politik Filipina? Naib Presiden Sara Duterte dakwa Marcos tidak cekap
Sara Duterte mendakwa, Ferdinand Marcos Jr menjalankan pentadbirannya tanpa perancangan jelas.
AWANI Ringkas: Pembentangan Belanjawan 2025
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
#AWANIRingkas 18 Oktober 2024 | 9 PM
Berikut merupakan rangkuman berita setakat 9 malam, 18 Oktober 2024
1️⃣ Pembentangan Belanjawan 2025
2️⃣ Sektor pendidikan
3️⃣ Sektor kesihatan
#awaniringkas
1️⃣ Pembentangan Belanjawan 2025
2️⃣ Sektor pendidikan
3️⃣ Sektor kesihatan
#awaniringkas
Belanjawan 2025: Peruntukan AI dinaikkan sebanyak RM50 juta
Kerajaan komited memperluaskan pendidikan berkaitan Kecerdasan Buatan (AI) ke semua universiti penyelidikan dengan peruntukan RM50 juta, berbanding RM20 juta tahun ini.
UAE hantar tiga lagi pesawat bersama 120 tan bantuan untuk Lubnan
UAE setakat ini telah menghantar 12 pesawat yang membawa 515 tan bekalan bantuan.
Latihan regata bertukar tragedi, lima peserta dikhuatiri lemas
Insiden melibatkan 15 peserta menggunakan satu bot untuk latihan regata. 10 individu berjaya selamatkan diri manakala lima yang lain masih hilang.
Belanjawan 2025: Nak masuk Universiti? Ini cara kerajaan bantu anda
Belanjawan MADANI memperlihatkan komitmen Kerajaan dalam meningkatkan sektor pendidikan tinggi negara.
Belanjawan 2025 sedia platform menyeluruh hadapi cabaran tahun depan - Mohamad Hasan
Langkah-langkah dalam Belanjawan 2025 juga dilihat cuba mengimbangi keperluan rakyat terutama dalam mendepani isu kos sara hidup.
Jumlah kematian di Lubnan terus meningkat
Jumlah kematian akibat serangan udara Israel di Lubnan sejak tercetusnya konflik Israel-Hizbullah pada 8 Oktober 2023 meningkat kepada 2,412.