Madani economy framework to anchor Malaysia's economy - Bank Negara

KUALA LUMPUR: The Madani Economy Framework will anchor the comprehensive restructuring of the Malaysian economy, supported by several important transformations, such as having a revitalised industrial sector, said Bank Negara Malaysia .

"Besides, it will also improve fiscal governance and transparency, which will enhance confidence from investors and also credit rating agencies,” he said during a joint press conference by BNM and the Department of Statistics Malaysia on the country’s second quarter 2023 gross domestic product performance here, today.

In the short term, he said Malaysia could expect to see positive support for growth from the implementation of several important catalytic projects under the NETR. "Going forward, the economy would benefit from the realisation of new investment and existing projects, particularly large infrastructure projects such as the ECRL and digitalisation projects.

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