PM: Govt to maintain stability with a conducive business environment


KUALA LUMPUR: The government will continue to intensify efforts to ensure a stable country with a conducive and business-friendly ecosystem, says the Prime Minister.

Datuk Seri Anwar Ibrahim (pic) said the government’s continuous measures to improve governance, fight corruption and focus on high-value investments have been increasingly successful in creating high-income jobs for more people.

“The country’s economy has shown strong growth with a rate of 5.9% in the second quarter of 2024.

“Apart from that, the recent recovery of the ringgit against the US dollar and other major currencies, together with the rapid rise of the FBM KLCI this year, also shows investor confidence.

“This is clear evidence that the policies implemented by the Madani government have yielded positive results,” he said, adding that the country is now one of the preferred destinations for global investment, reported Bernama.

He was speaking at the investiture ceremony in conjunction with the official birthday celebration of His Majesty Sultan Ibrahim, the King of Malaysia, yesterday.

Anwar said the government realises that growth figures are meaningless if the results do not flow to the people.

Thus, he said, the goal to be achieved through the Madani economy framework is a more equitable socioeconomic society with people’s incomes increasing, reducing the cost of living and expanding the social safety net.

“His Majesty’s government will continue to work hard to increase access to quality education, health infrastructure and affordable housing so that the people can enjoy a more comfortable life,” he added.

Anwar also congratulated the King of Malaysia in conjunction with his official birthday and prayed to Allah SWT that His Majesty and Her Majesty Raja Zarith Sofiah, the Queen of Malaysia, and their entire family be blessed with Allah SWT’s grace.

“Indeed, as a constitutional monarch, His Majesty’s role is very important in preserving the stability and harmony of the country. His Majesty is the umbrella of unity and the protector of the nation’s integrity.“His Majesty’s decrees in advising the government often reflect His Majesty’s wisdom and concern for the welfare of the common people,” said Anwar.

On behalf of the government and the people, he also prayed that the country under the reign of the King would continue to be blessed with grace and blessings, free from any calamity, and remain peaceful and prosperous.

“May the bond of love between the King and the people remain intact from generation to generation. The government and the people are also requested to pledge their undivided loyalty to His Majesty,” he said.

Sultan Ibrahim attended the investiture ceremony of the federal awards and honours at Istana Negara yesterday.

It was the first investiture ceremony of His Majesty as the King after he was installed as the King of Malaysia on July 20.

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