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Former Prime Minister Muhyiddin Yassin has endorsed the government's suite of cost-of-living measures announced by PM Anwar Ibrahim, which include expanded fuel subsidies and support for small businesses, taking effect September 1.
Malaysia's Ministry of Entrepreneur Development and Cooperatives will accelerate the rollout of an extra RM1 billion in microcredit announced by Prime Minister Anwar Ibrahim, bringing total 2026 allocation to RM6 billion and benefiting over one million enterprises.
Prime Minister Anwar Ibrahim has cautioned that Malaysia's better-than-expected second quarter economic growth masks underlying difficulties facing ordinary households and micro, small and medium enterprises seeking relief.