The Retail and Trade Brands Advocacy Malaysia Chapter (RTBA Malaysia) says the Government must maintain its momentum in revitalising the national economy impacted by the COVID-19 pandemic as well as addressing the financial leakages amounting to RM300 billion due to the shadow economy.
RTBA Malaysia, which is part of an international advocacy group that protects businesses in the Asia-Pacific region from criminal conduct says, “Malaysian policymakers must also be more cohesive in formulating and supporting policies that will help legitimate businesses in Malaysia recover and grow in the new normal.”
RTBA Malaysia Managing DirectorFazli Nordin says, “The RM400 billion 12th Malaysia Plan unveiled a month ago has the breadth and depth to generate the multiplier effect required to re-energise the Malaysian economy. This will benefit businesses and people across the nation.
Nevertheless, the 12th Malaysia Plan must be implemented in a strategic and well-thought-out manner to ensure positive outcomes and prosperity for all Malaysians,” he adds.
Fazli also says, “The initiatives implemented by the Malaysian Government in 2021 to curtail leakages is working and must be sustained, if not enhanced.”
