Govt Needs To Relook Policies To Improve Future Socio Economic Growth Zafrul


 



Malaysia needs to relook at the way policies are set and the roles of government and institutions to improve its future socio-economic growth, Finance Minister Tengku Zafrul Abdul Aziz said.
Zafrul (photo, above) said going forward, the country must also chart a new course for more knowledge-intensive and productivity-driven growth.
“I am aware that Malaysians aspire to have not just a high-income economy but also one that delivers meaningful improvements in living standards for the whole population.
“Malaysians increasingly aspire for both economic and social well-being, a high standard of living, not just high incomes; fulfilling jobs, not just something that pays the bills. And better public service delivery, not just the existence of such services,” he said at the launch of the World Bank’s flagship report, “Aiming High -- Navigating the Next Stage of Malaysia’s Development” on Tuesday.
Zafrul said in that spirit, it is important to reassess not just the speed of Malaysia’s growth, but also its quality, inclusivity, and sustainability.
Citing an example, he said the government must ensure equal opportunities for all Malaysians, provide upward mobility opportunities, and good incentives to remain and work in Malaysia.
The finance minister stressed that greater resources will need to be invested in building high-quality human capital and in facilitating greater economic opportunities, especially for women.
Next-generation reforms to increase productivity and innovation-led private sector growth will also be required, along with policies to promote the development of skills and talents to ensure that Malaysians are better placed to embrace the opportunities and challenges of a post-Covid-19 economy, he said.
Quoting the World Bank’s report, Zafrul noted that in order to boost economic growth, Malaysia will have to improve its competitiveness; create high-quality jobs; strengthen its institutions, and improve its capacity to finance the transition to a high-income and developed nation status.
The world bank also projected that Malaysia is expected to achieve its transition to a high-income economy within the next five years, he said.
“Despite the challenges posed by the pandemic, Malaysia remains committed to becoming a high-income nation. To get there, we will require perseverance, and openness to reimagine our future, and improve policies and institutions to achieve quality, inclusive and sustainable growth.
“Ultimately, becoming a high-income nation will require nothing short of ‘aiming high’. Reflecting on how far we have come as a nation once known for its exports of tin and rubber, to the open and well-diversified economy it is today, I am confident that we can continue to aim high and look to the future with optimism,” he said.
Aptly named “Aiming High -- Navigating the Next Stage of Malaysia’s Development”, the World Bank’s report sets out a roadmap for Malaysia to fulfil its potential, achieve its transition to high-income status, and sustain equitable growth beyond the Covid-19 pandemic.
- Bernama


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/03/govt-needs-to-relook-policies-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+Must+Kn

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Govt Wins Appeal Over Backdated Pension To 103 Year Old Man

Govt Wins Appeal Over Backdated Pension To 103 Year Old Man

papar berkaitan - pada 3/3/2021 - jumlah : 244 hits
The Court of Appeal ruled that the High Court was wrong in allowing a judicial review against the PSD and the government over the dispute PUTRAJAYA The Court of Appeal today allowed the government s appeal against a High Court order to pay ...
Annuar Not Being Part Of Caretaker Govt Disadvantageous To Umno

Annuar Not Being Part Of Caretaker Govt Disadvantageous To Umno

papar berkaitan - pada 3/3/2021 - jumlah : 230 hits
Former Umno supreme council member Annuar Musa today said should Umno pull out of the Perikatan Nasional government once parliament is dissolved this would lead to disadvantages If it is true that Umno s participation in the federal governm...
Govt Going In The Right Direction

Govt Going In The Right Direction

papar berkaitan - pada 3/3/2021 - jumlah : 244 hits
More shops at Jalan TAR are reopen during the MCO 2 0 observation on Wednesday IZZRAFIQ ALIAS The StarPETALING JAYA With economic recovery and balancing lives and livelihood as the utmost national priority business groups say Putrajaya has ...
Umno Needs A New Face To Regain Glory

Umno Needs A New Face To Regain Glory

papar berkaitan - pada 20/3/2021 - jumlah : 164 hits
A Kathirasen Free Malaysia Today How the high and mighty have fallen There was a time when Umno ruled the roost but today it is struggling to find its footing From 1957 till the general election of May 2018 it was the dominant force in Mala...
Asean Needs Own Laws To Curb China In South China Sea Say Experts

Asean Needs Own Laws To Curb China In South China Sea Say Experts

papar berkaitan - pada 17/3/2021 - jumlah : 352 hits
A Chinese aircraft carrier accompanied by navy frigates and submarines in the South China Sea last year PETALING JAYA Asean countries must come up with their own legislation to balance the maritime power if it is concerned about China s hol...
Public Perception Of Umno Leaders Need To Improve Mahdzir

Public Perception Of Umno Leaders Need To Improve Mahdzir

papar berkaitan - pada 21/3/2021 - jumlah : 233 hits
The public s perception of Umno especially towards the party leaders needs to be improved to regain the people s trust ahead of the 15th General Election said Umno vice president Mahdzir Khalid Mahdzir said the people knew Umno s track reco...
Malaysian Forestry Policy To Serve As Reference For Policies Adopted By States

Malaysian Forestry Policy To Serve As Reference For Policies Adopted By States

papar berkaitan - pada 21/3/2021 - jumlah : 249 hits
The Malaysian Forestry Policy will serve as a reference and guide to forestry policies adopted in the Peninsula Sabah and Sarawak said Energy and Natural Resources Minister Shamsul Anuar Nasarah Shamsul said the formulation of the policy wa...
Pkr S Wak Needs To Appoint Strong Leader If Party Wants To Retain Seats In Coming State Polls Says Analyst

Pkr S Wak Needs To Appoint Strong Leader If Party Wants To Retain Seats In Coming State Polls Says Analyst

papar berkaitan - pada 14/3/2021 - jumlah : 249 hits
Prof James Chin KUCHING PKR Sarawak needs to appoint a strong party leader if the party wants to retain its seats in the coming State Election said Prof James Chin The political analyst said its decision to set up a Council of Elders to lea...
Govt Still In Talks With Johnson Johnson

Govt Still In Talks With Johnson Johnson

papar berkaitan - pada 3/3/2021 - jumlah : 229 hits
Online talk Khairy speaking during his interview with The Star via Zoom PETALING JAYA The Johnson Johnson s single dose vaccine may be too little and too late for Malaysia and this is a concern currently being addressed by the government wi...
Resepi Bbq Kambing

Games Outlets Damansara Aliff

Sarapan Pagi Di Warong Onie Corner Ayer Keroh Melaka

Happy 10th Birthday Ilham Syamil 27 Jan 2025

Buasir Otak Tv Kenapa Ayam Masa Hidup Satu Nama Bila Mati Banyak Nama Be Like

Halal Certification Is A Non Muslim Issue

Sebatan Syariah Daripada Presiden Persatuan Peguam Muslim Malaysia

Pelbagai Kaum Makan Budu Dalam Pinggan Sama


echo '';
Senarai Lagu Tugasan Konsert Minggu 11 Gegar Vaganza 2024 2025 Musim 11 Separuh Akhir

Keputusan Markah Peserta Konsert Minggu 10 Gegar Vaganza 2024 2025 Musim 11 Suku Akhir

10 Drama Melayu Terbaru TV3 2024 2025 Best Mesti Tonton Juga Tersedia Online

4 Tanda Ketagihan Yang Jelas Pada Wajah Seorang Penagih Syabu Ice

Biodata Putra Abdullah Atlet Muay Thai Boxing Malaysia Seangkatan Johan Ghazali Jojo Team Jordan Boy


Crescent Petroleum Targets Nioc Assets And Frozen Funds In Escalating Legal Dispute

A Short Interior Painters Guide To Color Psychology And Perceived Size

Ptptn Encourages Savings Plans To Reduce Reliance On Education Loans

Wet Cny For Sabah Sarawak With Continuous Rains Expected Says Metmalaysia

Eleven Masked Men Break Into Puchong Home Two Seriously Injured

Cukup Mudah Masak Ayam Kari Jepun Cepat Dan Sedap Di Makan