Malaysia’s economic outlook is positive in 2024, says Rafizi

The Star

Despite the global risks in the world of economy next year, there has been a consensus among analysts and industry players that the economy of Malaysia will improve further and its ringgit will be strengthened against the US dollar, said Economy Minister Rafizi Ramli in a press conference after launching the National Economic Outlook Conference in Kuala Lumpur on Monday (Nov 27).  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:00 that have driven important inflation, especially in world wealth.

00:04 Today, I am pleased to launch the National Economic Outlook

00:12 launched by the Malaysian Institute of Economic Research, MIA.

00:16 The focus of the government and the economic stakeholders

00:22 is to ensure that the economic reform decisions

00:28 that are structurally formed can continue in 2023

00:34 as a foundation for the world economy to improve in 2024.

00:43 Although there is still a risk to the world economic development,

00:48 but in terms of consensus, it is felt that the uncertainties

00:54 especially in terms of the financial situation

00:58 caused by the financial foundations in the US,

01:02 will be reduced in 2024.

01:07 When that happens, with good foundations

01:11 in terms of economic structure reforms that have been started in 2023,

01:17 it will put Malaysia in a good position to take full advantage

01:24 of the world's economic situation for 2024.

01:29 The responsibility of the government, including the Ministry of Economy,

01:35 is to ensure alignment in terms of planning and reception

01:42 from the industry and private sector,

01:47 with the foundations of the macroeconomic structure reforms

01:51 that are set in 2023.

01:54 [END]

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