Finance Ministry says efforts underway to strengthen Malaysia towards reform stage | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Finance Ministry says efforts underway to strengthen Malaysia towards reform stage

KUALA LUMPUR, Aug 13 — Efforts are underway to strengthen the strategic levers of the nation in moving towards the reform stage and this includes the new approach adopted by the Ministry of Finance in improving the country’s annual budgeting process to make it more transparent and inclusive, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said.

Tengku Zafrul said this is also in tandem with the government’s ongoing structural reforms over the medium term through the implementation of, among others, the National Investment Aspirations framework, as well as the Perkukuh Pelaburan Rakyat initiative. The finance minister noted that the outlook for the third quarter 2021 is expected to be quite challenging, given the imposition of the enhanced MCO for two weeks in most parts of the Klang Valley in July as well as the prolonged Phase 1 of the National Recovery Plan in several states which are significant contributors to the nation’s gross domestic product.

“This will also reduce the burden of the healthcare system through lower hospital and ICU admissions,” he said. The manufacturing sector and exports are expected to benefit from the current thriving global demand for electrical and electronics products, hydrocarbons such as crude oil and natural gas as well as personal protective equipment.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Bursa Malaysia ends higher driven by consumer products, healthcare stocks | Malay MailKUALA LUMPUR, Aug 11 —Bursa Malaysia ended higher today, supported by persistent buying in selected consumer products and services as well as healthcare counters, dealers said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.71 points to end the day at 1,504.44 compared with Monday’s... Make hay while the sun shines.
Källa: malaymail - 🏆 1. / 86 Läs mer »

Bursa Malaysia seeks public feedback on enhanced framework for main market advisers | Malay MailKUALA LUMPUR, Aug 11 ― Bursa Malaysia Bhd has issued a consultation paper seeking public feedback on the proposed amendments to the Main Market Listing Requirements in relation to the enhanced framework for Main Market advisers and submission of corporate proposals. The proposed amendments...
Källa: malaymail - 🏆 1. / 86 Läs mer »