Govt to consider more sustainable ways for economic growth, resiliency

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Govt to consider more sustainable ways for economic gro, resiliency

: Budget 2021 is an opportune time for the government to consider and adopt more sustainable ways to grow the economy and build Malaysia’s resiliency, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz .

“The pandemic remains a threat to our socio-economic recovery, development and future growth. As such, moving forward, Malaysia will play to its strength, and just as how digitalisation has been accelerated by the Covid-19 lockdowns, we will take this opportunity to move up the value chain, “At the same time, we will take advantage of our strategic geographical location, agile workforce, prudent management of resources, excellent infrastructure, as well as our leading reputation in key sectors, including Islamic finance and the halal economy,“ he said in his keynote address at the Malaysian Economic Summit 2020 today.

The event, themed, “Covid-19: Assessing Financial and Economic Impacts and Its Aftermath” was organised by the Kingsley Strategic Institute for Asia Pacific .-

Source: Financial Digest (financialdigest.net)

 

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