The Youth and Sports Ministry announced through a statement that the decision was made at the Cabinet meeting today after considering all aspects of hosting the Games and their implications.
It added that the economic impact of hosting the quadrennial Games could not be identified in the short term.
The ministry also announced that the MADANI Government wanted to focus on sports development and the welfare and well-being of the people for now.
"The CGF delegation met the Youth and Sports Minister (Hannah Yeoh) and held a briefing session regarding the offer to host the Games, which was also attended by the Finance Minister II (Datuk Seri Amir Hamzah Azizan) on Feb 5.
