Na­jib says govt needs their feed­back to re­solve is­sues

New Straits Times - - News -


PRIME Min­is­ter Datuk Seri Na­jib Razak yes­ter­day met key in­dus­try play­ers and busi­ness as­so­ci­a­tions in a round­table eco­nomic di­a­logue to gather feed­back, in­put and ideas on the coun­try’s eco­nomic is­sues.

Na­jib, who is also fi­nance min­is­ter, said he wanted to lis­ten and take on board their views in or­der for the gov­ern­ment to re­solve the is­sues.

“We met and dis­cussed cur­rent is­sues re­lated to gov­ern­ment poli­cies, not only for the short­term, but also in the long-term, towards the Na­tional Trans­for­ma­tion 2050, which had set a goal for Malaysia to be­come a top 20 coun­try in the world by 2050,” he af­ter the di­a­logue.

Na­jib said the fo­cus should be on the high cost of liv­ing and in­fla­tion, which was the gen­eral com­plaint among the peo­ple.

De­spite such com­plaints, Na­jib pointed out that a re­cent sur­vey re­vealed that Kuala Lumpur was the cheap­est city in Asean.

He also pointed out that the coun­try’s eco­nomic fun­da­men­tals were good, with it achiev­ing a gross do­mes­tic prod­uct growth (GDP) of 4.2 per cent last year.

“Ac­cord­ing to Bank Ne­gara (Malaysia’s) 2016 An­nual Re­port, re­leased yes­ter­day, we should be record­ing 4.3 per cent up­wards, maybe just un­der five per cent this year.

“This is our ex­pec­ta­tion for this year, and 2018, (Malaysia’s GDP) will be per­form­ing bet­ter, bar­ring any un­fore­seen de­vel­op­ments.”

On that note, Na­jib re­minded in­dus­try play­ers to im­prove pro­duc­tiv­ity and said house­hold debts, which cur­rently stood at 89 per cent of GDP, must be re­duced.

He said the coun­try’s pro­duc­tiv­ity rate must be in­creased to four per cent, an­nu­ally, from the cur­rent 2.3 per cent.

Na­jib also said he needed in­puts Prime Min­is­ter Datuk Seri Na­jib Razak re­ceiv­ing a cour­tesy call from renowned Zim­bab­wean preacher and mufti, Is­mail Musa Menk, at his of­fice at the Per­dana Pu­tra Com­plex in Putrajaya yes­ter­day. The mo­ti­va­tional speaker, who is pop­u­larly known as Mufti Menk, has en­deared him­self to Mus­lims and non-Mus­lims alike. He is here for “The Straight Path Con­ven­tion — The Di­vine Rights”, at the Ma­trade Ex­hi­bi­tion and Con­ven­tion Cen­tre, to­day and to­mor­row. to help small- and medi­um­sized en­ter­prises be­come more com­pet­i­tive and de­velop Dig­i­tal Malaysia.

Na­jib said he be­lieved in the prin­ci­ples of hu­man cap­i­tal de­vel­op­ment; con­nec­tiv­ity in a broad sense of in­fra­struc­ture, In­ter­net and cy­berspace; and in­clu­sive­ness.

“I be­lieve no Malaysian must be left be­hind. Those are the three prin­ci­ples I be­lieve in and should be part and par­cel of our pol­icy as we move for­ward,” he said.

Na­jib said the iconic Pan Bor­neo High­way, High-Speed Rail, East-Coast Rail Link and Ban­dar Malaysia projects were some of the game chang­ers in Malaysia.

“In a few years, I be­lieve the (na­tion’s eco­nomic) land­scape will be dif­fer­ent when we see th­ese iconic projects im­ple­mented,” he added. Ber­nama


Prime Min­is­ter Datuk Seri Na­jib Razak chair­ing the round­table eco­nomic di­a­logue with key in­dus­try play­ers and busi­ness as­so­ci­a­tions at Per­dana Pu­tra Com­plex in Putrajaya yes­ter­day.

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