KUALA LUMPUR, Sept 2 — Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has told all parties to focus on the implementation of economic structural...
KUALA LUMPUR, Sept 2 — Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has told all parties to focus on the implementation of economic structural reforms and increase competitiveness to ensure a more inclusive, stronger and sustainable economic growth for Malaysia.
“His Majesty has taken note of the state of Malaysia’s economy which is growing at a rate of 4.2 per cent in the first half of 2023 despite facing slower global economic and trade growth conditions. His Majesty also noted that the unemployment rate was down to 3.4 per cent in June 2023 while overall and core inflation continued to decrease in the second quarter of this year, he said.
So far, iTEKAD, which has the support of 11 financial institutions and nearly 60 implementing partners, has benefited 3,000 low-income micro-entrepreneurs, especially the asnaf group.
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