Ringgit at its strongest in 14 years - Anwar

The ringgit is at its strongest level in 14 years due to the coalition government’s policies and collective efforts to develop the country, said Prime Minister Anwar Ibrahim.

Although the opposition often claimed the currency was declining, he said it has, in fact, shown positive recovery trends under the Madani administration.

“The ringgit is also the strongest in Asia. Why? It’s not because of me or Anwar, it’s due to government policies and our consensus.

“Investments are flowing in, and if you look at decades of records, those who have been in the federal government know there has never been such a response (from investors).

“It’s not due to Anwar. But because Anwar represents Malaysia, which is now emerging as a prominent country in the region,” he said in his speech at the Sabah PKR Convention in Kota Kinabalu today.

According to Anwar, his efforts while representing Malaysia internationally were focused on promoting states, including Sabah as major investment hubs, especially in tourism.

“In every place I visit, whether China, Japan, or Germany, I always point out that there are investment opportunities in oil and gas, tourism, new technology, and energy transition, including Sabah.

“I represent both Malaysia and Sabah,” he said.

Be wise, Sabahans

Anwar urged the people of Sabah to scrutinise leaders who frequently use the “Sabah for Sabah” slogan.

The prime minister advised them not to be deceived by those who exploit this sentiment merely for personal gain.

“We must work together to address people’s issues such as extreme poverty, water and electricity supply, flooding and damaged roads.

“If (a leader) claims ‘Sabah for Sabah’ ask him whether Sabah is truly for its people or just for ‘tauke balak’ (timber tycoon) and projects,” he said.

- Bernama

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