Tuesday, May 17, 2022

Bosses group hopes for better days after Cabinet announcement

The Malaysian Employers Federation welcomes the decision to leave the finance and human resources ministries unchanged.

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The Malaysian Employers Federation (MEF) today welcomed the announcement of Prime Minister Ismail Sabri Yaakob’s Cabinet line-up, in particular the decision to retain those heading the portfolios of finance and human resources.

MEF president Syed Hussain Syed Husman said it was important for the prime minister to have a “good working team” to support him and help him overcome current issues.

“The economy, the Covid-19 situation and the coming national budget are among some of the important matters before us, and we should not risk making any major changes as it may disrupt plans that are already in place,” he said in a statement.

Finance Minister Tengku Zafrul Aziz and Human Resources Minister M Saravanan had been among a number ministers from the previous administration retained in Ismail’s Cabinet line-up.

Syed Hussain said the ministers and their deputies should provide continuity and consistency to ensure that efforts to restore the economy and resolve the Covid-19 crisis are effective.

“Employers are faced with increasing Covid-19 issues amid a very weak economy with businesses suffering and the new budget on the horizon,” he said.

“The business community and the people are very tired and stressed out. We hope there will be political stability so that those in ministerial positions can focus on these critical issues.”

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