Finance Minister Zafrul Abdul Aziz today assured that the country’s economic recovery is on the right track. This comes after PKR chairman Muhyiddin Yassin claimed that Malaysia’s economic recovery is waning. In a statement, he said that his report to the National Recovery Council chairman was necessary to help the PM in leading the country towards post-Covid recovery. He further hoped that utmost priority will be given to the economic recovery for the people.
Follow MyShorts, News In 60 Words
Finance Minister statement
In a statement, Finance minister Zafrul Abdul Aziz said, “We are on the right track where economic activity, whether from a macro, business or individual perspective is gradually recovering rapidly based on indicators such as the job market and so on.”
He said that he is confident that Malaysia’s economy will recover according to plan and generate the economy while continuing to bring confidence to investors, to continue to come to Malaysia.
What did Muhyiddin claim about Malaysia’s economy?
Earlier, Opposition leader Muhyiddin Yassin claimed that Malaysia is in trouble financially and UMNO led federal government is hiding the facts. He said that according to the report sent to him by Finance minister, the country’s economy is waning and will be soon overshadowed by its Asean neighbours, Indonesia and Vietnam.
Finance Minister’s statement over the alleged report
Zafrul Abdul Aziz said that the report sent to Muhyiddin is public and has been mentioned before. “I never hid, either through media statements, my comments in forums, parliamentary answers and reports of agencies such as Bank Negara, the Department of Statistics and so on That is why since last year, we have talked about the Fiscal Responsibility Act, to prevent issues such as IMDB, SSER and so on from happening again,” he added.