The catalysts of sustainability

It is no longer a choice but a must-take re-transformation. Strong political conviction is needed and all stakeholders are committed towards making a total national reset to secure a better future for all Malaysians.

THE worst is likely behind us, thanks to the expected global recovery and vaccine rollout in major advanced economies. Revived exports and private sector’s domestic demand set to turn around the Malaysian economy in 2021.

Bank Negara’s Economic and Monetary Review has painted a rosy picture as it expects domestic economic growth (real GDP) to stage a strong rebound of 6%-7.5% in 2021, after succumbing to a recession of 5.6% in 2020. This marks the strongest expansion since the 2008-2009 Global Financial Crisis when the economy expanded by 7.4% in 2010.