Malaysia forms panel to combat economic impact from virus, oil price crash
KUALA LUMPUR - Malaysia’s new prime minister, Muhyiddin Yassin, extended an olive branch on Wednesday to the leader he recently replaced, veteran politician Mahathir Mohamad, calling on him to endorse the new government after weeks of political tension.
Muhyiddin, a former minister in Mahathir’s cabinet, was later sworn in as prime minister on March 1, joining hands with the old ruling UMNO party - which lost a general election for the first time ever in 2018 - and the Islamist party PAS to form a new coalition. “We have formed this government and I want Tun to endorse this government, that it is a government for the people,” Muhyiddin, referring to Mahathir by his title, told a news conference.Muhyiddin also dismissed speculation about an early general election.
Muhyiddin earlier announced the formation of an economic action council, made up of senior ministers, the central bank governor and various experts, to tackle the economic risks and review the government’s finances.
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