Private sector urged to help curb inflation

KUALA LUMPUR: The private sector has been urged to cooperate and coordinate with the government in finding the best possible measures to encounter the global rising prices of commodities.

In making the call was Deputy Finance Minister Datuk Kong Cho Ha said the government was doing its part to overcome the pressures created by global inflation by implementing several economical measures to reduce the public’s burden and curb inflationary pressures.

“These circumstances of inflation have created a very great concern to the public at large. As responsible government, we have never neglected our reponsibilities,” he said at the 4th Public & Business Financial Expo.

His speech was read by deputy president of the National Association of Malaysian Life Insurance and Financial Advisors, Michael Kok Fook On. The two-day financial expo, which started last Saturday at the Kuala Lumpur Convention Centre, is organised by “Money Compass” magazine with the Malaysia Financial Planning Council as promoter.

More than 80 companies are participating in the expo.