Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said the government will focus on encouraging investments from the private sector and also boosting investments through major projects including Bandar Malaysia and the ECRL. ― Picture by Firdaus Latif
Azmin noted that Malaysia’s economic growth is expected to be affected by factors such as the lower revised projection for global economic growth and trade, noting that such lower projections take into account the effects of the US-China trade policies and the risk of the rise in global oil prices following expected disruptions in crude oil supplies.
Azmin said Malaysia’s proactive participation in China’s “Belt and Road Initiative” is expected to result in a huge spill-over effect on the economy through an increase in foreign direct investment and increased connectivity with the global economy. Azmin further noted that the government had this year allocated RM54.7 billion in development expenditure to further support the country’s economic growth, adding that Putrajaya will also ensure the implementation of more than 3,700 development projects, including the building of schools, hospitals, roads and other infrastructure.
Wahhh so good to know and see the benefit of ecrl.. no more selling the country
B4 GE14, you guys said all these are rubbish n wasting Rakyat's money. Now, Rakyat believed you of your stories n voted you in as the govt. After winning, now you're saying that its all good for the country! Meaning all things said b4 GE14 were lies and manipulated voters? BS!
Those are BN idea... Think of something else to talk lah?
Whats azmin talking about? Previous Government’s strategic economic planning..
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