Positive economic indicators reflect MADANI economy’s success, says Dr Zaliha

LocalBusiness & Finance
13 Mar 2025 • 2:01 PM MYT
The Vibes
The Vibes

Featuring breaking news & latest stories from every side.

image is not available
Positive economic indicators reflect MADANI economy’s success, says Dr Zaliha

THE MADANI Economy framework has shown promising results, with key economic indicators reflecting positive outcomes thus far, according to Datuk Seri Dr Zaliha Mustafa, Minister in the Prime Minister’s Department (Federal Territories).

Dr Zaliha shared that the performance of the MADANI Economy could be evaluated through various important metrics, including economic growth, employment, poverty reduction, inflation, trade and investment, as well as the country’s fiscal health.

 “To date, these indicators show positive results. The unemployment rate remains stable at 3.2%, while the poverty rate has decreased by 8%.

“Additionally, our GDP grew by 5.1%, inflation dropped by 1.8%, and total trade saw an increase of 9.2%, reaching RM2.9 trillion,” Dr Zaliha said, in response to a supplementary question by Senator Tan Sri Low Kian Chuan regarding the achievements and challenges of the MADANI Economy in the Dewan Negara today.

Dr Zaliha highlighted other significant improvements, including a 17% reduction in new debt issuance and improvements in the fiscal deficit.

She pointed out that approved investments had risen by 14.9%, totaling RM378.5 billion, which had led to the creation of over 207,000 new job opportunities.

“These achievements demonstrate the effectiveness of the MADANI Government's economic policies and its commitment to inclusive and resilient development,” Dr Zaliha said.

“The government will continue to refine its strategies to ensure that economic benefits are fairly and equitably distributed across all segments of society.” – March 13, 2025