KUALA LUMPUR (March 16): Prime Minister Tan Sri Muhyiddin Yassin has announced the members of the Economic Action Council (EAC) following the council’s inaugural meeting today, comprising government officials and prominent private sector figures.
The government officials in the council comprise the prime minister as chairman, Minister of Finance Tengku Datuk Zafrul Abdul Aziz, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed and Minister of International Trade and Industry Datuk Seri Azmin Ali, who is also one of the four Senior Ministers.
Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus is also a member of the council, as well as EAC executive director Tan Sri Dr Noor Azlan Ghazali.
From the private sector, members of the council consist of The Edge Media Group chairman Datuk Tong Kooi Ong, MERCY Malaysia director Tan Sri Dr Jemilah Mahmood, Celcom Axiata Bhd group chairman Tan Sri Jamaluddin Ibrahim, Westports Malaysia Bhd chairman Tan Sri Gnanalingam and Sunway Bhd chairman Tan Sri Jeffrey Cheah.
Muhyiddin said the EAC is tasked to ensure economic sustainability, to find ways to stimulate the economy, to come up with short- and medium-term plans to ensure economic growth as well as to ensure that the EAC’s decisions are executed efficiently.
Following its first meeting today, the EAC has agreed to take several additional actions to reinforce the previously announced Economic Stimulus Package 2020, which includes financial assistance as well as electricity charge discounts.