2024 – It is all about reforms

The planned subsidy rationalisation for fuel and the introduction of the Progressive Wage Model are two key elements for reforms.— Reuters

LAST week, this column explored what the year 2024 will bring to investors as expectations of cuts in global interest rates and lower inflation prints will likely be the main theme for global markets amid heightened geopolitical risk. This week, the focus is on Malaysia and what lies ahead.

Just over a year since the unity government was formed, the government remains strongly in place with additional support from even some opposition members of Parliament that has given Prime Minister Datuk Seri Anwar Ibrahim an upper hand in initiating change for the betterment of the country in terms of new legislations, amendments to existing laws as well as the much-talked about reform agenda.