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Global supply crisis dashboard to go public on May 15: Akmal Nasrullah

The Economy Ministry aims to improve transparency and early risk detection with the new tool, while aligning policies with World Bank recommendations

9:23 PM MYT

 

KUALA LUMPUR – The Global Supply Crisis Monitoring Dashboard, jointly developed by the Economy Ministry and the Statistics Department, will be available to the public from May 15, Economy Minister Akmal Nasrullah Mohd Nasir announced.

He said the dashboard is designed to provide a transparent, central reference point for the public to track developments linked to the global supply crisis, Bernama reported.

“The public-facing dashboard comprises 10 main submenus, including energy, commodities, cost of living, economic performance, foreign exchange rates and trade flows,” he said during the Global Supply Crisis Briefing today.

Simultaneously, he explained that a government-only version would serve as an internal monitoring platform to evaluate crisis developments, identify early risks, and formulate mitigation strategies using near real-time data.

“This initiative represents a significant shift in crisis management, leveraging near real-time data to detect early pressures, coordinate responses and provide clearer information to the public,” he said.

Akmal Nasrullah also highlighted the government’s support for the World Bank’s recommendations on four priorities for Malaysia: ensuring energy security, strengthening fiscal space, managing energy demand, and targeting support to households and businesses genuinely affected.

“These priorities align with government initiatives already underway, which also focus on maintaining smooth supplies of critical goods and providing supply chain financing for vulnerable firms,” he said.

“… the World Bank’s view is that global pressures are layered. Rising global prices of oil, fertiliser and food have different but interconnected impacts. Based on the World Bank’s assessment, these developments indicate that price pressures remain concentrated on key commodities, with spillover effects on production costs and the cost of living.

“Therefore, policy responses must take into account the direct impact on the people as well as the knock-on effects on businesses and supply,” he added.

To address these challenges, the government is prioritising supply security, extending the resilience of existing supplies, and curbing price pressures. Measures include coordinating export controls on certain fuels, ensuring essential goods availability, managing purchase quotas, promoting energy conservation, and strengthening collaboration with industry players.

“Any policy adjustments will be implemented carefully, in a targeted and temporary manner, with priority given to protecting the people, ensuring supply stability and managing the country’s fiscal position responsibly,” he said.

“The National Economic Action Council will continue to provide updates on energy and fuel supplies to ensure domestic needs remain prioritised, while supporting industry confidence in operational continuity and the sustainability of Malaysia’s economic activities,” he added. – May 12, 2026

Tags: Akmal Nasrullah, global supply crisis, dashboard, economy, World Bank

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