Malaysia’s economic and financial indicators suggest that Malaysia’s economy will continue to grow steadily, driven by private sector activity, according to Bank Negara Malaysia (BNM).
This upwardly positive push for the economy in Malaysia was met by new policies developed by the Minister of Economic Affairs and Deputy PKR Deputy Prime Minister Azmin Ali, especially as he worked on more than one track:
The internal development of the ministry and activating the implementation of strategies and not keeping them inoperative
The development of new applications that make Malaysia’s economy an attractive factor for investment under the direction of Prime Minister Mahathir Mohamad, who wants to make the country an economic power in Asia more influential than before. Of course,it is based on the constant guidance of Anwar Ibrahim and coordination with him.
The development of laws to prevent small and medium enterprises of the Malays and protect their capital with the support of advisers from the ministry to them.
It seems that the policies developed by Mohammed Azmin Ali, was the result of his long experience not only in the economy but in the result of his community work and his proximity to all segments of the people. This is also the result of his character and success of the climb depending on what can be described as self-reliance and application.
It is important to note that these advantages have affected his success until the moment in the elections. The party’s employees know that their choice of candidates exceeds what this candidate will do for their party and to Malaysia as well.
Returning to economic development, the favorable conditions of the labor market and capacity expansion in support of strong private consumption and investment, respectively
Malaysia’s macroeconomic fundamentals appear to be still strong, providing the country with the necessary spreads to manage potential economic flows effectively.
At the same time, the headline inflation rate in the second quarter fell to 1.3 percent (Q1: 1.8 percent), mainly reflecting the lower price of goods and services taxes.