The Madani Economy’s strategic triumph hinges on the pivotal role of the digital economy, which has proven to be a fulcrum of national economic development, underscored Fahmi Fadzil, Malaysia’s Communications and Digital Minister.
Fahmi imparted these insights at the monthly gathering of the Ministry of Communications and Digital (KKD), elucidating the burgeoning digital economy investments. The first half of this year witnessed an impressive surge, with the inflow of nearly RM24 billion, outpacing last year’s RM7.5 billion for the same period.
We expect more noteworthy investment disclosures on the horizon. The digital economy is a game-changing domain – a rationale echoed by our Prime Minister when deliberating digitalisation, connectivity and the resolution of foundational societal concerns, stated Fahmi.
Unveiled by Prime Minister Datuk Seri Anwar Ibrahim on July 27, the Madani Economy serves as an economic renaissance designed to stimulate Malaysia’s economy and distribute wealth for improved citizenry welfare.
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Anwar, also helming the finance ministry, avers that the Madani Economy: Empowering the People plan provides an exhaustive strategy to confront the trials and tribulations that mar Malaysia’s competitiveness and investment appeal while offering solutions to ongoing societal challenges.
Expounding further, Fahmi stated that the digital economy’s success relies heavily on strengthening the communication infrastructure, bolstering cybersecurity, and fortifying the digital economy. As a country with a vision for the future, we comprehend that the economic growth pillars are the digital economy and renewable energy. The Madani Economy is a catalyst for progressive transformation in our country, he added.
(Source: Malay Mail)
