Madani Economy to drive positive change in M'sia, says rating corp, SME association

For the people: Anwar and ministers launching the Madani Economy: Empowering the Rakyat initiative at the Securities Commission, Kuala Lumpur. — FAIHAN GHANI/The Star

KUALA LUMPUR: The initiatives under the Madani Economy has the potential to drive positive change for Malaysia by embracing a strategic and value-based approach, particularly during a time of domestic and global uncertainties, says the Malaysian Rating Corporation Bhd (MARC).

It said from the economic perspective, the Madani framework is timely in view of the upcoming Budget 2024, the New Industrial Master Plan and the expected tabling of the Fiscal Responsibility Act this year.