A second term would deepen ongoing reforms by Madani govt, says Nga


PETALING JAYA: A second-term mandate would provide the government with the stability and continuity needed to deepen structural reforms, strengthen institutional capacity and fully realise long-term economic transformation plans, says Housing and Local Government Minister Nga Kor Ming.

He said sustained policy continuity under the Madani framework was essential to ensure ongoing reforms translated into lasting economic outcomes.

"Consistency in governance and reform direction is critical in maintaining investor confidence and ensuring Malaysia remains competitive, resilient and well-positioned for future growth," he said at a fireside chat organised by the Kuala Lumpur Business Club at a hotel in the city on Tuesday (June 23).

Nga said the Madani government led by Prime Minister Datuk Seri Anwar Ibrahim had delivered measurable progress through reforms in governance, economic management and international engagement.

He said the reforms had strengthened investor confidence, improved economic resilience and enhanced Malaysia's global standing.

Nga cited Malaysia's position as a preferred destination for foreign investment, supported by clear policies, strong fundamentals and political stability.

He said the country had maintained resilient trade performance despite global uncertainties and recorded improvements in its Corruption Perceptions Index ranking.

He added that stronger international credit ratings reflected improved fiscal credibility.

Nga said proactive diplomatic engagement had opened new opportunities for investment and cooperation, including a RM52.73bil strategic partnership with Turkmenistan and long-term energy collaboration initiatives with Russia.

"These achievements reflect the results of consistent reforms, prudent economic management and a foreign policy anchored on strategic partnerships and shared prosperity," he said.

The session, themed "Future Cities, Future Growth: How Madani Reforms Are Reshaping Malaysia's Urban Economy", brought together business leaders and stakeholders to discuss Malaysia's economic transformation and long-term development direction.

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