Source link : https://asia-news.biz/asia/yemen/stability-and-smart-financial-management-drive-malaysias-growth-says-pm-anwar/
Kuala Lumpur – Emphasizing the crucial role of economic stability and careful financial stewardship, Malaysia’s Prime Minister Anwar Ibrahim has underscored these factors as central to the nation’s sustained growth. In a recent statement, the Prime Minister highlighted how prudent financial management will continue to underpin Malaysia’s development trajectory amidst evolving global challenges. This approach, he noted, is vital for fostering investor confidence and ensuring sustainable economic progress in the years ahead.
Stability and Prudent Financial Management as Pillars of Malaysia’s Economic Growth
In his recent address, Prime Minister Anwar emphasized that Malaysia’s steady economic growth hinges on maintaining financial stability and adherence to prudent management principles. He highlighted that safeguarding fiscal discipline not only builds investor confidence but also ensures the nation’s resilience against external shocks. In navigating global uncertainties, Malaysia continues to prioritize balanced budgetary policies, controlled public debt levels, and targeted expenditure to stimulate sustainable development.
Key factors contributing to this approach include:
- Maintaining a manageable debt-to-GDP ratio
- Implementing strict financial regulatory frameworks
- Promoting transparency and accountability in public spending
- Encouraging responsible lending and borrowing practices
| Indicator | 2023 | Projection 2024 |
|---|---|---|
| Debt-to-GDP Ratio | 57% | 55% |
| Budget… |
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Author : Noah Rodriguez
Publish date : 2025-09-24 01:13:00
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