Kuala lumpur: The government has implemented or is in the process of carrying out 120 decisions made by the National Economic Action Council (MTEN) to mitigate the impact of the global supply crisis, Economy Minister Akmal Nasrullah Mohd Nasir said. Of the total, 27 decisions have been fully implemented, while the remaining 93 are currently being executed, reflecting the government's ongoing efforts to address supply chain disruptions and safeguard economic stability.

According to BERNAMA News Agency, Akmal Nasrullah provided insights into the government's interventions during a briefing to Members of Parliament on the global supply crisis in the Dewan Rakyat today. The decisions encompass immediate measures to mitigate the impact of the crisis on the public and micro, small, and medium enterprises (MSMEs), while ensuring the continued supply of essential goods and safeguarding the country's economic stability.

The minister stated that the government has adopted a realistic approach based on expectations that the global supply crisis will not be resolved in the short term. Monitoring and intervention efforts will continue throughout the recovery period to ease the burden on the public, MSMEs, and industry.

Based on the current global developments, Akmal Nasrullah indicated that energy markets are expected to stabilise gradually from the third quarter of 2026, subject to geopolitical stability and the normalisation of trade routes. He noted that uncertainty surrounding energy prices and supply is expected to continue influencing markets for another one to two years.

The minister acknowledged the significant risks posed by the prolonged global supply crisis but assured that those risks are being managed in a structured, prudent, and data-driven manner. The development of the crisis will continue to be monitored through MTEN and relevant agencies, with information shared with the public as needed to ensure clarity and accuracy.

Akmal Nasrullah emphasised that addressing the impact of the crisis requires cooperation from all stakeholders to minimise its effects on the economy and the people. This approach would enable Malaysia to remain vigilant, realistic, and proactive in responding to challenges, while ensuring economic stability, protecting the rakyat, and maintaining confidence in the country.