(C) Ismail Sabri Yaakob / Twitter
In his address, Ismail Sabri expressed the hope that this year’s celebration will be meaningful, as many families have been forced to remain apart due to travel restrictions.
“Based on the reopening of more than 90% of commercial sectors and most social activities, the Malaysian economy is on the right route toward recovery,” he stated.
“High vaccination rates aided the recovery, with practically the entire population having been immunized. With the recovery in full swing, the gross domestic product is expected to expand at a rate of 5.5 percent to 6.5 percent in 2022.”
The media were given access to the text of his speech.
Ismail Sabri went on to say that the economy is growing at a rate of 6.0 percent, as predicted by the International Monetary Fund, and 5.8 percent by the World Bank.
The growing Budget 2022, valued RM332.1 billion, and the normalisation of economic and social activities, he added, will be the key drivers of growth.
“The restart of high-multiplier projects, as well as robust external demand, particularly from key trade partners, encouraged economic development.”
“All of this is in keeping with the government’s goal in the 12th Malaysia Plan, which is to reach high-income status by 2025 through a variety of programs,” he said.
To avoid the spread of the coronavirus, he further warned the public to always follow normal operating practices.
In the previous week, the number of new Covid-19 cases in Malaysia has fluctuated between 5,000 and 6,000.
Booster Covid-19 vaccination doses are presently being distributed around the country, with children aged five to twelve receiving their first shots in February.
The popular Japanese actress Nagiko Tono died at 45 and her death has been confirmed today on 17 July 2025.…
The fourth round of the AFC (Asian Football Confederation) qualifiers will soon be held in this year which helps the…
Uganda, the host of this foresight event of promoting the competition among the associate nations of Africa which will eventually…
Tomorrowland, the world-famous music festival in Belgium, was hit by a massive setback after its main stage was burned down…
The curtains are finally rolled out by tvN on one of the much anticipated rom-com fantasies of the year, ‘The…
Dan Rivera, a reputable paranormal investigator and a former soldier of the United States Army died on Sunday suddenly at…
This website uses cookies.
Read More