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Bank Negara Malaysia has clarified that guidance provided to Tabung Haji stems from its statutory responsibility to safeguard financial stability, emphasizing the pilgrimage fund's importance to the broader financial system.
The government is prioritising the interests of Tabung Haji's 10 million depositors over short-term political advantage by exercising restraint in releasing the Royal Commission of Inquiry report, according to Deputy Minister Aiman Athirah Sabu.
Bank Negara Malaysia's Governor Datuk Seri Abdul Rasheed Ghaffour used the Gelam tree—a hardy coastal plant that thrives through constant renewal—as a powerful metaphor for structural economic reforms, emphasizing that Malaysia must shed outdated practices to maintain resilience.