Malaysia's Economy: Restructuring Amidst Ministerial Change

Malaysia's Ministry of Economy Faces Restructuring Amidst Ministerial Resignation Kuala Lumpur, Malaysia – The recent resignation of Datuk Seri Rafizi Ramli as Malaysia's Minister of Economy has sparked discussions on the ministry's future structure. Prof. Emeritus Dr. Barjoyai Bardai, a prominent economic analyst, proposed a solution to ensure the smooth continuation of national economic policies. He suggested placing the Ministry of Economy under the purview of the Economic Planning Unit (EPU) within the Prime Minister's Department (JPM). "The Prime Minister could consider not replacing the vacancy immediately but instead placing the economic portfolio under the existing minister's supervision," said Prof. Bardai in a recent interview. This approach, he argues, leverages the EPU's established capabilities and expertise in executing economic plans, minimizing any disruption to ongoing initiatives. The suggestion has garnered attention given the EPU's long-standing role in implementing government economic strategies. The video also highlights the potential for a technocrat with extensive experience in national economic programs to fill the ministerial vacancy. This reflects a possible shift toward a more technically-driven approach to economic management. The seamless transition of economic policies is crucial for Malaysia's continued economic stability. Prof. Bardai's proposal offers a pragmatic solution to navigate this change, ensuring that the ongoing implementation of Malaysia's economic plans and programs remains unaffected.