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Malaysian economy
Anwar has a golden opportunity to go beyond short-term fixes. He should not waste it
The Malaysian PM is right to take a victory lap for his country’s economic resurgence. It’s time to tackle issues standing in the way of longer-term stability and growth.
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Malaysian Prime Minister Anwar Ibrahim will no doubt take a victory lap for the country’s economic resurgence when he delivers the Oct 18 Budget.
PHOTO: AFP
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There is a noticeable pep in the messaging from Malaysia’s Prime Minister Anwar Ibrahim and his government as they approach next week’s budget.
And why not? Growth is expected to exceed 5 per cent this year, going beyond the upper end of official estimates, driven by foreign investments in semiconductors and a booming artificial intelligence-powered data centre sector.
