PETALING JAYA: Former finance minister Daim Zainuddin passed away this morning, at the age of 86.
Daim’s lawyer Gurdial Singh Nijar, confirmed his death when contacted. Daim served as finance minister twice, the first stint from 1984 to 1991 under former prime minister Dr Mahathir Mohamad’s administration during which he played a key role in managing Malaysia’s economy and implementing structural adjustments. He later returned for a second term briefly from 1999 to 2001, again under Mahathir, to address economic issues following the Asian financial crisis.
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