THE advisory committee to Finance Minister Anwar Ibrahim will, among others, be advising the minister on ways and means to increase the nation’s revenue base and reduce operating expenditure.

In a statement today, committee chairman Mohd Hassan Marican said members will advise the finance minister on matters related to subsidies, including reviewing and restructuring existing subsidies, and the provision of more holistic social protection.

He said the committee will advise Anwar on matters related to government-linked companies, including determining their relevance in the current economic context and consolidating them where appropriate, and matters related to national debt and good governance.

“The advisory committee reports directly to the finance minister and shall meet as frequently as possible depending on requirements,” he said.

Meanwhile, a support secretariat for the advisory committee has been formed, headquartered at the Petronas Twin Towers. 

Hassan in his capacity as chairman of the advisory committee invited Nurul Izzah Anwar to co-head the secretariat with economist Khairil Anuar Ramli. – Bernama, February 12, 2023.