00:00Political stability is crucial for any country or economy to overcome the mounting economic challenges amid global uncertainty, says Investment,
00:10Trade and Industry Minister Johari Ghani.
00:12He said without political stability, it would be difficult for a government to address the challenges ahead and maintain focus
00:19on economic priorities and the people's welfare.
00:23Johari said the country should prioritize strengthening the economy and safeguarding the people's well-being, especially as Malaysia continues to
00:31face fiscal limitations and a persistent budget deficit.
00:35He said heavy subsidies continued to place pressure on government finances, making political stability even more critical to support sound
00:44policymaking and effective management of economic challenges.
00:49The UMNO Vice President added that he was not referring to any specific incident but speaking in general terms, saying
00:56stability must be upheld across the country as a whole.
01:00Natasha Bust, FMT.
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