Kuala lumpur: The government will focus on three key strategies to address the second wave of the global supply crisis, said Deputy Prime Minister Datuk Seri Fadillah Yusof. He outlined a comprehensive approach including ensuring a sufficient supply of essential goods, extending availability through prudent management and distribution of resources, and curbing price increases through close monitoring and firm action.
According to BERNAMA News Agency, the Deputy Prime Minister emphasized that the government had taken early measures and will continue strengthening efforts to ensure the people remain protected as the second wave unfolds. "This strategy is implemented to ensure continued protection for the people as the country adapts to changing global conditions," he stated during a Global Supply Crisis Briefing broadcast live on local television today.
Fadillah noted that the second wave of the global supply crisis is expected to unfold gradually, with the public likely to face price adjustments for certain goods and temporary supply disruptions in the coming period. However, he stressed that the government remains committed to minimizing the impact on the people and will continue managing the changes carefully to keep the effects under control.
"The world is now entering a second wave involving disruptions to the supply of oil and gas-based goods that support various sectors and daily needs, including food packaging, consumer goods, healthcare, and logistics. When global supply is disrupted, production becomes limited and costs rise. These effects are expected to be felt progressively in the period ahead," he said.
He further added that government efforts require the support of all parties, urging the public to use resources prudently, avoid waste, and prioritize essential needs.