Govt to announce support measures for those out of work due to global crisis

21 Apr 2026, 7:41 AM
Govt to announce support measures for those out of work due to global crisis

KUALA LUMPUR, April 21 — The government will soon announce additional measures to support those out of work due to the global supply crisis, Prime Minister Datuk Seri Anwar Ibrahim said, adding that the initiative would include unemployed bachelor’s and diploma graduates to ensure their skills are not wasted.

“I will announce additional measures soon to assist those out of work, including unemployed graduates and diploma holders,” he told reporters after chairing a roundtable session with financial institution representatives here today.

Also present were Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour and Treasury secretary-general Datuk Johan Mahmood Merican.

Prior to this, the government introduced several measures to mitigate the impact of the crisis, including maintaining RON95 prices under BUDI95 and retaining diesel subsidies in Sabah, Sarawak and Labuan.

Additional steps include higher monthly aid under BUDI Agri-Commodity and BUDI Diesel for individual diesel vehicle owners, farmers and smallholders; increased incentives for padi cultivation; and financing guarantees of up to RM5 billion to support micro, small and medium enterprises.

Malaysia’s unemployment rate stood at 2.9 per cent, or 506,800 people, in February 2026.

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