by VEISHNAWI NEHRU / pic TMR FILE

FINANCE Minister II Datuk Seri Amir Hamzah Azizan (picture) is leading the Malaysian delegation to a meeting with investors in New York, United States (US).

The Finance Ministry (MOF) in a statement said the meeting coincides with Amir’s attendance at the spring meeting of the International Monetary Fund and the World Bank Group 2024 in Washington DC from April 17 to April 19.

This meeting serves as a platform to discuss bilateral and multilateral issues between Malaysia and the WBG and IMF, as well as other member countries. 

Additionally, member countries will share their opinions on implementing their respective strategies and policies to address current global economic and financial issues during plenary and discussion sessions at the Meeting on Coalition of Finance Ministers for Climate Action (CFMCA).

“In line with efforts to address global climate change, Malaysia aims to achieve balance through implementing appropriate fuel pricing mechanisms to promote more efficient energy use and transition to renewable energy sources, while considering the socio-economic impact on its people.

“This approach aligns with Malaysia’s commitment to reducing greenhouse gas emissions and promoting sustainable practices without burdening its citizens,” Amir Hamzah said in the statement.

During the spring meeting, Amir Hamzah held discussions with Credit Rating Agencies (CRAs) including Standard and Poors (S&P), Moody’s, and Fitch. 

Additionally, he also exchanged views with delegation leaders from other member countries regarding the economic developments at national and global levels through scheduled bilateral meetings.