Nga: Trade, reforms drive economic growth


PETALING JAYA: Malaysia is charting a strong path of economic growth marked by structural reforms, political stability and record trade performance under the Madani framework, says Housing and Local Government Minister Nga Kor Ming (pic).

He pointed out that under the administration of Prime Minister Datuk Seri Anwar Ibrahim, Malaysia had attracted high levels of foreign investment, besides recording the highest trade value in its history amounting to RM3.05 trillion.

Nga also said that Malaysia’s competitiveness ranking in the Global Competitiveness Index has risen from 34th position to 23rd.

“These achievements clearly demonstrate that Malaysia is now on a solid path,” he said, Bernama reported.

Nga stressed that the government is committed to implementing institutional reforms, including limiting the Prime Minister’s term to 10 years and separating the roles of the Attorney General and the Public Prosecutor.

These moves are to strengthen accountability and integrity in the national administration, he said.

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