Anwar hails Malaysia's economic performance but says structural challenges still exist


PETALING JAYA: Datuk Seri Anwar Ibrahim acknowledges that Malaysia's economic performance indicates continued robust growth.

During the daily briefing by the Prime Minister's Office on Tuesday (March 25), the Prime Minister’s Senior Press Secretary Tunku Nashrul Abaidah said Anwar had acknowledged the country's economic performance, particularly the latest annual reports by Bank Negara and the Securities Commission Malaysia, which indicate continued robust economic growth.

"In 2024, Malaysia’s Gross Domestic Product grew by 5.1%, up from 3.6% in the previous year. This exceeded the government’s initial projections and independent analysts' expectations, proving that economic reforms are yielding early results.

"This growth has been driven by the highest domestic investment recorded in a decade, reflecting strong investor confidence in the country’s policy direction.

"The capital market also reached a new record value of RM4.2 trillion, with a growth rate of nearly 11% compared to the previous year.

"However, the Prime Minister acknowledges that structural challenges still exist.

"National productivity must be enhanced, competitiveness strengthened, and economic resilience rebuilt based on human-centred principles and good governance.

"There can be no compromise on leakages and corruption, which harm the nation and hinder development," said Tunku Nashrul.

 

 

 

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