Anwar’s New Challenge Is Finding a Champion for Malaysia’s Economy
- Finance minister is seen as training ground for future leaders
- New PM will need to tread carefully to avoid upsetting allies
Anwar Ibrahim
Photographer: Samsul Said/BloombergThis article is for subscribers only.
Malaysia Prime Minister Anwar Ibrahim promised a unity government to stabilize the country. Now he needs to find a finance minister who can steer the economy and help him hold onto power.
His pick must present a budget next month that can shield Malaysia’s fragile recovery amid concerns of a global slowdown next year. Inflation is elevated and the still-weak currency has made living costs untenable for low and middle-income households.