THE newly-themed policy agenda of “Malaysia Madani” is a good starting point to describe Malaysia’s pursuit of the next chapter of its economic recovery. This new approach by the government, “combines established practices with new methods designed to cope with emerging issues and uncertainties”.
With government debt levels remaining close to their statutory limit of 65% of GDP and fiscal space narrowing, a private sector- led growth model that reinvigorates the economy and promotes a resilient and sustainable growth model becomes vital.
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