KUALA LUMPUR, Oct 3 — Malaysia’s Budget 2025 will prioritise the economic sector by continuing with the structural reform agenda, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
The structural strengthening that has been implemented will lead to a stronger foundation for the country's economy.
"This government's approach is to give back to the people, we can protect the people...perhaps by increasing investment in sectors that are important to the people such as health and education.
"The important thing is to lift the country's economy onto a new structure," he said on Astro Awani's Niaga Awani programme titled "Fiscal and Monetary Strategy: The Key to Strengthening the Malaysian Economy" today.
Amir said the government will also ensure the current strong economic momentum will enable more “high-grade investment” opportunities to come into the country and generate job opportunities for the people.
He noted that the country's political stability has been a major factor in giving confidence to foreign investors to continue investing in Malaysia.
The efforts by government-linked investment companies to bring about domestic direct investment can build a good ecosystem to support foreign companies operating in Malaysia, especially in the semiconductor sector.
"This effort is important to ensure that investors will continue to operate in Malaysia while also opening up space for local industry players to compete and penetrate foreign markets," Amir said.
— Bernama
