THE government’s policies to boost economic growth have brought results, especially in new sectors such as digital, green energy, and renewable energy.

Prime Minister Anwar Ibrahim said the country’s economic growth is also evidenced in the increase in foreign investment.

He said this in a special interview with TV3 on the Madani government’s first anniversary, which was broadcast yesterday.

He said the country’s political stability and clear economic policies have given confidence to foreign investors to see Malaysia as a profitable investment destination.

“In community education, governance should be emphasised… I took power with a mandate without tolerance (for mismanagement). I am grateful that during this one year administration, there has not been a single (accusation) against any leader of amassing wealth illegally.

“This is a record that cannot be denied,” said Anwar, who is also the finance minister.

He said foreign direct investment into the country has a positive impact on the Malaysian economy and creates more job opportunities, especially among young people, apart from improving their skills and knowledge. However, he stressed that there are challenges that need to be addressed by the government, which is to provide a more suitable and skilled form of training to meet the needs of the market.

“The government’s focus is economic growth, quality of education, better health facilities and better socio-economics such as eliminating extreme poverty and poor schools, with much higher investment and in areas that are considered high-tech such as digital and renewable energy. This will guarantee more jobs,” he added.

He said the government aims to provide job opportunities for young people so that their income is not stuck at the rate of RM2,000 per month.

According to the Statistics Department, the number of unemployed in September decreased by 0.6%, to 573,700 people compared to 577,300 in the previous month. The unemployment rate in September remained at 3.4%  as in August.

Recently, Anwar told the Dewan Rakyat that Malaysia had secured RM347 billion of investment commitments during overseas visits and missions.

He said the investments were sourced from China, Singapore, Japan, South Korea, the UAE, Saudi Arabia and the United States. – Bernama, December 6, 2023.