The largest securities in Malaysia, in the newly released economic report of 2023/24, is expected to increase by 4%to 5%next year.Economist believes that the national policy of Malaysia is a good driving force. In 2024, the fiscal budget approved RM393.8 billion (approximately S $ 112.4 billion), stable political background, Changming economic framework, and various energy transformation roadmaps and new industriesThe long -term measures of the big blueprint will make Malaysian domestic economic activities stronger next year.
Economist also pointed out that the improvement of the labor market, rising salaries, government cash incentives and reducing living expenses may increase private consumption by 6.6%in 2024.The progressive salary policy implemented by the Malaysian government next year has a financial subsidy of RM2 billion, which can benefit 1.05 million workers.In addition, interest rate reduction expectations will also promote the net inflow of foreign capital, laying the foundation for the strengthening of the Timori to strengthen.
In 2024, seemingly inspiring and beautiful year.BOLEH, Malaysia, is it really Boleh this time?The Malaysian BOLEH slogan for many years is pure slogan. Occasionally shouting, can it really do it?
Since taking office, Anwar has been in investment for RM170 billion in investment commitments in China since the beginning.The results include the visit to Japan in June to obtain a potential investment of RM23 billion. In October, the UAE visited the UAE to bring back RM40.6 billion investment commitments.RMWC's potential investment.Recently, I went to Japan to attend the "Asian Simpan and Japan Commemorative Summit" and successfully attracted the potential investment of RM 6.56 billion, as well as the three major companies: Romm Wako, Japan Electric (NEC) and Mitai Main Three (Mitsui CO).It is willing to increase investment. These considerable investment is indeed the positive energy that can drive Malaysia's economic recovery, but how much is the probability of realizing?Is Malaysia BOLEH?
The fiscal budget of 2024, RM393.8 billion was the largest in the history of Malaysia, but only RM90 billion in development expenses!The remaining 33.8 billion administrative expenses were used for salaries, benefits, and pensions for more than 1.7 million civil servants and hundreds of thousands of retirees.This big expense must be rigorous. Since Anhua cannot implement a slimming plan, it must be realized that anti -low -efficiency, but does it work for anti -low efficiency?The government cannot always support lazy civil servants. Anwar cannot just verbally remind civil servants to abandon "ease culture and not to be at the status quo".
Furthermore, the Malaysia country is fiercely competitive, and politicians with no sense of responsibility have not restrained ethnic opposition and religious topics, incite ethnic emotions and remarks, and let their supporters want to do whatever they want; even let the exciting hatred remarks through social media through social mediaFlowing and penetrating the grassroots level not only weaken the advantages of multicultural values, but also difficulty protecting the foundation of Malaysia to support political stability.Netizens rewarded RM5 million to kill the "10th Prime Minister, Bastard Minister and Damn Democratic Democratic Party", which could not help but worry. How could the unstable government formulate stable and sustainable policies for the economy?Is Malaysia Boleh?
Looking at the international trend, geopolitical risks have not signs of slowing down, and the US economy has not improved. Although the Federal Reserve has ended the interest rate increase period, the global fund manager's confidence in the economy in December has reached the high level in the past two years.Initial interest rate cuts are expected to pour cold water.There is a slowdown in import and export, consumption and investment in China, which may push the economy to deflation; the attack incident of the Red Sea Merchants has surged, and the detours of oil and oil tankers are going. The international oil price has increased to increase inflation, which will affect the decision of relaxing monetary policy.It is a potential high -risk factor that cannot be ignored in 2024.
Internal and external problems.Is Malaysia BOLEH in 2024?
The author is Malaysian columnist
