Current:Home > StocksMalaysian leader appoints technocrat as second finance minister in Cabinet shuffle -WealthPro Academy
Malaysian leader appoints technocrat as second finance minister in Cabinet shuffle
View
Date:2025-04-15 13:29:05
KUALA LUMPUR, Malaysia (AP) — Malaysian Prime Minister Anwar Ibrahim appointed a technocrat as second finance minister on Tuesday in a Cabinet shuffle aimed at strengthening his administration and winning public trust a year after taking power.
The shuffle was widely expected and expanded the number of portfolios with the appointment of five new ministers. Anwar said the changes were needed to meet current demands and cope with global trends, including the growing impact of artificial intelligence.
Anwar, who appointed himself as finance minister after taking office last year, revived the post of second finance minister and named the head of the country’s largest pension fund, Amir Hamzah Azizan, to the portfolio in a move that could ease criticism of the prime minister.
While he still heads the Finance Ministry, Anwar said having a professional team will ensure “we are on right track and can focus on the economy.”
Several key ministers swapped portfolios. Mohamad Hasan, deputy president of the United Malay National Organization or UMNO party, moved from defense to foreign minister. Deputy Prime Minister Fadillah Yusof shifted from commodities to a newly created energy transition and public utilities portfolio.
Dzulkefly Ahmad made a comeback as health minister, while Gobind Singh Deo, another experienced lawmaker, is the new digital minister, a new portfolio created to improve government outreach on social media. The human resources minister was replaced after a graft case involving his aides.
Anwar said the return of Dzulkefly, a popular former health minister, would help resolve deep-seated issues regarding health care. “His experience is needed. I believe he can offer greater focus in the ministry,” the prime minister said.
Anwar said a 20% pay cut for ministers would be maintained, and he would continue not taking a salary as prime minister. He said the current lineup should remain for the next four years if they perform well.
The Prime Minister’s Office said there are now 31 ministers, up from 28 previously, and the total Cabinet size has expanded from 55 to 60.
Anwar, 76, was a long-time opposition leader who clinched victory in last year’s general election. Before Anwar, Malaysia had four prime ministers since 2018.
His unity government includes former rival UMNO and several other smaller parties. While it holds a majority in Parliament, it faces a strong Islamic opposition and trust issues with ethnic Malay voters who view his government as too liberal and fear their interests may be sidelined.
Analysts say Anwar faces growing public distrust over an economic slowdown, a weak currency and worsening race relations.
veryGood! (1162)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Ukrainian soldiers play soccer just miles from the front line as grueling counteroffensive continues
- Vanderpump Rules' Raquel Leviss Leaves Mental Health Facility After 2 Months
- Loose lion that triggered alarm near Berlin was likely a boar, officials say
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Women Are Less Likely to Buy Electric Vehicles Than Men. Here’s What’s Holding Them Back
- Inside Climate News Staff Writers Liza Gross and Aydali Campa Recognized for Accountability Journalism
- Environmental Auditors Approve Green Labels for Products Linked to Deforestation and Authoritarian Regimes
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Clean Beauty 101: All of Your Burning Questions Answered by Experts
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Coast Guard searching for Carnival cruise ship passenger who went overboard
- Kourtney Kardashian's Son Mason Disick Seen on Family Outing in Rare Photo
- From Gas Wells to Rubber Ducks to Incineration, the Plastics Lifecycle Causes ‘Horrific Harm’ to the Planet and People, Report Shows
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Botched's Dr. Terry Dubrow Issues Warning on Weight Loss Surgeries After Lisa Marie Presley Death
- Megan Fox's Bikini Photo Shoot on a Tree Gets Machine Gun Kelly All Fired Up
- The Red Sea Could be a Climate Refuge for Coral Reefs
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
A ‘Rights of Nature’ Fact-Finding Panel to Investigate Mexico’s Tren Maya Railroad for Possible Environmental Violations
Some will starve, many may die, U.N. warns after Russia pulls out of grain deal
Khloe Kardashian Defends Blac Chyna From Twisted Narrative About Co-Parenting Dream Kardashian
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Mourning, and Celebration: A Funeral for a Coal-Fired Power Plant
Republicans Propose Nationwide Offshore Wind Ban, Citing Unsubstantiated Links to Whale Deaths
Women Are Less Likely to Buy Electric Vehicles Than Men. Here’s What’s Holding Them Back