SUPP Youth chief calls for stronger economic focus in 2026 agenda

SIBU (Jan 9): A stronger and more focused economic action is urgently needed to complement the institutional reforms, public service upgrades and expansion of welfare assistance outlined in Prime Minister Datuk Seri Anwar Ibrahim 2026 New Year’s Message.

According to Sarawak United People’s Party (SUPP) Central youth chief Councillor Kevin Lau, there is a clear and pressing need for the prime minister to place Malaysia’s economy at the centre of his administration’s agenda, noting that while welfare assistance is necessary, it is not sufficient on its own.

Lau said low- and middle-income groups, who are increasingly affected by the rising cost of living, play a vital role in driving domestic consumption and sustaining small and medium enterprises (SMEs), particularly amid continued uncertainty in global trade conditions.

“Although Malaysia has projected an average economic growth rate of 4.5 per cent for both 2025 and 2026, concerns remain as to whether this level of growth is sustainable and sufficient to keep pace with Asean neighbours such as Indonesia, the Philippines and Vietnam, which are recording growth rates of between 5 and 6.5 per cent,” he said in a statement.

More importantly, Lau said attention must be given to whether investments are being channelled into the right areas, particularly human capital development, skills enhancement and food security, to build a resilient and sustainable economy over the long term.

“Beyond recent announcements, we hope 2026 will see more comprehensive and effective implementation by the federal government, especially in strengthening SMEs.

“This includes improving access to financing, enhancing competitiveness and fostering stronger domestic business growth,” he said.

Lau also stressed the need for policy consistency in positioning food security as a national priority, describing a strong and resilient food system as essential not only to shield the rakyat from rising living costs but also to support sustainable economic growth.

“We firmly believe that prioritising the economy is fundamental to improving living standards, protecting the middle class, ensuring sustainable development and, most importantly, building resilience during these challenging times.

“The rakyat expect clear direction, policy consistency and results-oriented leadership,” he added.