Malaysian Prime Minister Anwar Ibrahim Emphasizes Political Stability and Effective Policies as Key to Economic Success
Political stability and clarity in policies are vital for any economy to thrive, according to Malaysian Prime Minister Datuk Seri Anwar Ibrahim. Speaking at the 30th Asia-Pacific Economic Cooperation (Apec) Chief Executive Officer (CEO) Summit in San Francisco, Anwar highlighted the importance of clear and consistent policies, as well as their effective implementation in attracting investors.
Anwar, who is also the finance minister, emphasized the need for ease of doing business and mentioned the importance of a one-stop agency that facilitates and accelerates processes with clear procedures and policies. He expressed gratitude for the investments drawn from China, the United States (US), Europe, and the region, which have exceeded expectations. Anwar attributed this success to the confidence the private sector has in Malaysia’s policies and business environment.
Good governance under his administration has played a significant role in attracting investments, Anwar stated. He stressed the importance of policy implementation and the fight against corruption, particularly when it comes to public funds being misused to benefit those in power. Anwar made it clear that he stands firmly against corruption and that Malaysia is on the right track to propel its economy in the coming years.
Furthermore, Anwar took the opportunity to invite investors to consider Malaysia and the ASEAN region as stable and vibrant places for investment. He expressed his eagerness to meet potential investors individually in Malaysia.
Prime Minister Anwar Ibrahim arrived in San Francisco for the 30th Apec Economic Leaders’ Meeting as his maiden official trip since assuming the role of Malaysia’s prime minister. He is accompanied by his wife Datuk Seri Dr Wan Azizah Wan Ismail, as well as several senior government officials.
In summary, Anwar Ibrahim emphasized the significance of political stability, clarity in policies, and their effective implementation as key factors contributing to Malaysia’s economic success. He showcased Malaysia’s attractiveness to investors and expressed his determination to achieve ambitious economic growth targets.
