He said under the Madani government, the inflation rate is holding steady at 2%, with gross domestic product (GDP) growth for the second quarter of this year at 5.9%.

“I just returned from Vladivostok, Russia, where I met president Vladimir Putin.

“Questions were raised about our inflation rate, which is at 2%, while some food sectors see inflation at 3-3.5%. Even that has been a challenge to manage.

“My focus and strategy for the budget (presentation) in October is to find solutions to the cost of living issues, although, compared to neighbouring countries like Thailand, Indonesia and Singapore, our inflation is relatively low,” he said in his speech when officiating the 2024 National Wellness Month celebration here today.

In this regard, Anwar said the government is committed to prudent economic management, ensuring there is no wasteful spending in various sectors.

Based on the statistics department’s consumer price index report for July this year, Malaysia’s inflation rate has remained at 2% since May.

The department said the inflation rate was driven by price increases in key sectors, including restaurants and accommodation services (3.4%); personal care, social protection and miscellaneous goods and services (3.2%); recreation, sports, and culture (2.2%); and healthcare (1.9%).

‘I’ve never interfered’

On another matter, Anwar reiterated that he has never interfered in investigations involving any individual or leader, stressing that such matters are entirely in the hands of the authorities.

“These days, it seems like there’s a new scandal every week and some people say it’s because Anwar is seeking revenge.

“That’s completely untrue.

“We must put a stop to leaders abusing their power for personal gain.

“I want everyone to understand this clearly.

“I don’t care who is under investigation – whether it’s a case of motorcycle theft or robbery – that’s the job of the police.

“They don’t seek my approval to investigate anyone,” he said.