Focus

PM Anwar to launch 'Madani Economy:Empowering The People' tomorrow

26 Jul 2023 10:32am
Prime Minister Datuk Seri Anwar Ibrahim - Bernama
Prime Minister Datuk Seri Anwar Ibrahim - Bernama

KUALA LUMPUR - Prime Minister Datuk Seri Anwar Ibrahim is set to launch "MADANI Economy: Empowering the People" which will steer the economy to safeguard the country’s future.

The launch will be held at the Securities Commission’s headquarters in Putrajaya at 9 am tomorrow.

"Wait for it, God willing (Nantikan, Insya-Allah),” he said in a post on his social media account.

Malaysia’s economy recorded better-than-expected growth of 5.6 per cent in the first quarter of 2023, driven mainly by private-sector spending.

Previously, Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour said the central bank has maintained its projection for the country's Gross Domestic Product (GDP) growth this year between 4.0 per cent and 5.0 per cent.

He said that domestic demand remains resilient and the job market is improving, further supporting consumer spending.

On Feb 24, Anwar, who is also the Finance Minister, presented the Unity government’s first budget with an allocation of RM388.1 billion; an increase from the RM372.3 billion budget presented in October 2022.

A total of RM289.1 billion was allocated for operating expenditure and RM99 billion for development expenditure, including a contingency reserve of RM2 billion. - BERNAMA

perdana menteri
anwar
ibrahim
madani
halatuju
economy
More Like This
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
ECRL, valued at RM50 billion, has reached 72.93 per cent completion as of September 2024. Spanning 665 kilometres, the ECRL will connect the Klang Valley to the East Coast, reducing travel time between Kota Bharu and Gombak from seven hours by road to four hours by rail. - File photo
National Key projects make rapid progress, changing Malaysia's transportation landscape
Mammoth projects like the KL Sentral redevelopment, Pan Borneo Highway and the East Coast Rail Link (ECRL) are modernising urban centres and creating transport-oriented development.
Photo for illustration purpose only. - Photo illustrated via Canva
Photo for illustration purpose only. - Photo illustrated via Canva
National UMS: Three decades of excellence in Sabah's higher education and counting
Established on November 24, 1994, UMS has achieved remarkable milestones, including publishing hundreds of high-impact journals and producing groundbreaking innovations and research with some of this work being incorporated into government policies, contributing significantly to Malaysia’s...
The interior of Norpadilah's home, which features an English-style 'farmhouse' concept while still preserving its Malay identity. - Photo by Bernama
The interior of Norpadilah's home, which features an English-style 'farmhouse' concept while still preserving its Malay identity. - Photo by Bernama
National Creative ideas using recycled materials generate lucrative income for housewife
Who would have thought that crafting items from discarded materials could generate an income of thousands of ringgit?
Malaysian biker Katiravan Subrayan made his way to the southern part of the globe, travelling through Latin America. - Photo by Bernama
Malaysian biker Katiravan Subrayan made his way to the southern part of the globe, travelling through Latin America. - Photo by Bernama
National Katiravan Subrayan’s endeavour to save the planet takes him to Antarctica
On Nov 12, Katiravan became among the handful of Malaysians who set foot on the icy continent.