Tengku Zafrul: Malaysia on track for recovery, to rebound strongly in 2021

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KUALA LUMPUR: Malaysia is on the right track for economic recovery and is likely to rebound strongly this year backed by various policy measures, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

"We are confident that the various policy measures undertaken by the government will contribute to a strong economic rebound in 2021, underscored by our firm commitment to fiscal consolidation in the medium to long term,” he said in a statement today.

The government also intended to drive economic recovery by ensuring the opening of all economic sectors, and enhanced standard operating procedures enforcement to contain the pandemic, he said. Malaysia is currently at the fifth stage of the 6R strategy, which would see the implementation of the RM322.5 billion, the largest in the nation’s history, together with the RM15 billion PERMAI Assistance Package and RM20 billion PEMERKASA programme.

This is consistent with estimates by the World Bank and the International Monetary Fund -- where both expect Malaysia to achieve one of the highest economic growth rates in the region.

 

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way better minister than the previous government thats for sure. the last minister first initiative was to set up 'tabung harapan' to pay government debts🤣

😂😂😂

PN on track to go down :)

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