PUTRAJAYA (Jan 17): The reform agenda implemented under the Madani Economy framework which emphasises fiscal discipline has strengthened investor confidence in the country and contributed to the ringgit’s strengthening last year, according to Treasury secretary general Datuk Johan Mahmood Merican. He said that Prime Minister Datuk Seri Anwar Ibrahim’s leadership and the reforms implemented have also been recognised at the international level. “The reforms implemented by the government are indeed recognised internationally, giving the country credibility when we chaired Asean at all levels…[top officials from] major countries came to Malaysia. “The strengthening of the ringgit plays an important role in curbing increases in domestic prices, especially those dependent on global supply chains,” he said. Analysts have also projected that the ringgit’s strengthening trend will continue, with the potential of reaching RM3.95 versus the US dollar by the end of this year.

Source: The Edge Markets January 17, 2026 03:33 UTC