Malaysia can exit middle-income trap by attracting new investments, says Fahmi
Communications and Digital Minister Fahmi Fadzil says Malaysia’s ability to attract new investments can solve the issue of stagnant wages amid rising living costs. – Facebook pic, July 31, 2023.
He said Malaysia’s ability to attract new investments can also solve the issue of stagnant wages amid rising living costs. He said efforts to realise the Madani Economy should be holistic because there is no other way to solve basic economic problems without tweaks to pre-pandemic plans. “For Malaysia as a country that looks far into the future, the first thrust is the digital economy, and the second is renewable energy,” Fahmi said.
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