Minister of Economy (Malaysia)

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Malaysia
Minister of Economy
Menteri Ekonomi
Incumbent
Rafizi Ramli
since 3 December 2022
Ministry of Economy
StyleEconomy Minister
(informal)
The Honourable
(within Malaysia and the Commonwealth)
AbbreviationEKONOMI
Member ofCabinet
Reports toThe Prime Minister
SeatPutrajaya
NominatorThe Prime Minister
AppointerThe Yang di-Pertuan Agong
(on the advice of the Prime Minister)
Term lengthAt His Majesty's Pleasure
Formation
  • 21 May 2018:
    (as Minister of Economic Affairs)
  • 3 December 2022:
    (as Minister of Economy)
First holderAzmin Ali
(as Minister of Economic Affairs)
DeputyHanifah Hajar Taib
SalaryRM14,970
Websitehttps://ekonomi.gov.my

The minister of economy, also informally known as the economy minister, is a minister in the Government of Malaysia, with overall responsibility for the functions and objectives of the Ministry of Economy. The incumbent is a member of the Cabinet of Malaysia.

The current minister of economy is Rafizi Ramli, who was appointed under Anwar Ibrahim following the 2022 Malaysian general election and the subsequent formation of the Unity Government. The office holder works alongside the deputy minister of economy, presently Hanifah Hajar Taib. The corresponding shadow minister is the shadow minister of economy, Syahir Sulaiman.

List of ministers

Economic affairs/economy

The following individuals have held office as Minister of Economic Affairs/Economy:

Political party:   PH

Portrait Name
(Birth–Death)
Constituency
Political party Title Took office Left office Deputy Minister Prime Minister
(Cabinet)
Mohamed Azmin Ali
(b. 1964)
MP for Gombak
PH (PKR) Minister of Economic Affairs 21 May 2018 24 February 2020 Radzi Jidin Mahathir Mohamad
(VII)
Rafizi Ramli
(b. 1977)
MP for Pandan
PH (PKR) Minister of Economy 3 December 2022 Incumbent Hanifah Hajar Taib Anwar Ibrahim
(I)

General Planning and Sosio-Economic Research

The following individuals have been appointed as Minister of General Planning and Sosio-Economic Research, or any of its precedent titles.

Political party:   BN

Portrait Name
(Birth–Death)
Constituency
Political party Title Took office Left office Deputy Minister Prime Minister
(Cabinet)
Abdul Taib Mahmud
(1936–2024)
MP for Samarahan
BN (PBB) Minister of General Planning and Sosio-Economic Research 1974 1976 Vacant Abdul Razak Hussein
(II)

Prime Minister's Department (Economic Planning Unit)

The following individuals have held office as the Minister in the Prime Minister's Department under the Economic Planning Unit (EPU) department:

Political party:   BN   Independent   PN

Portrait Name
(Birth–Death)
Constituency
Political party Responsible for Took office Left office Deputy Minister Prime Minister
(Cabinet)
Amirsham Abdul Aziz
(b. 1964)
Senator
BN (UMNO) Economic Planning Unit (EPU) Department 19 March 2008 9 April 2009 Vacant Abdullah Ahmad Badawi
(III)
Nor Mohamed Yakcop
(b. 1947)
MP for Tasek Gelugor
10 April 2009 15 May 2013 Najib Razak
(I)
Abdul Wahid Omar
(b. 1964)
Senator
Independent 5 June 2013 4 June 2016 Najib Razak
(II)
Abdul Rahman Dahlan
(b. 1965)
MP for Kota Belud
BN (UMNO) 27 June 2016 9 May 2018 Devamany S. Krishnasamy
Mustapa Mohamed
(b. 1950)
MP for Jeli
PN (BERSATU) Economic Planning Unit (EPU) Department 10 March 2020 24 November 2022 Arthur Joseph Kurup
(2020–2021)
Eddin Syazlee Shith
(2021–2022)
Muhyiddin Yassin
(I)
Ismail Sabri Yaakob
(I)

See also

References