Economic restructuring measures to be stepped up: Rafizi


Economy Minister Rafizi Ramli

KUALA LUMPUR: Malaysia must take advantage of its current economic growth momentum by continuing the focus on economic restructuring in order to reduce the nation’s exposure to global economic challenges in the future, says Economy Minister Rafizi Ramli.

Therefore, he said, ongoing economic restructuring measures would be accelerated, including the restructuring of the energy sector to change the energy mix more towards renewable energy as well as transitioning the government’s socioeconomic policy from an income-based approach (using B40, M40 and T20 categories) to one based on household net disposable income.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Beaches on borrowed time
The price of paradise�
The cost of leasehold properties
Water is a Saudi tycoon’s best friend
Keeping pace
Emerging market bonds resilient
Banks in a battle�
Grid charges temper RE euphoria
Axe for 20-year bonds?�
Fair play for local businesses

Others Also Read