5 Indicators Malaysia In Better Position: Fahmi

The Minister of Communications and Digital Fahmi Fadzil presented five shreds of evidence showing Malaysia is now in a better position during the administration of the Unity Government.

In a Facebook post yesterday, he said the Unity Government’s Seven-Month Report Card (Series Two) outlines the proof that Malaysia’s economy recorded better growth in the first quarter of this year, with 5.6 percent compared to the same quarter last year which was 4.8 percent.

“Total investment into Malaysia increased to RM71.4 billion for the first quarter of 2023 compared to RM44.7 billion for the first quarter of 2022,” Fahmi said.

Apart from that, the country’s inflation rate is also lower at 3.9 percent for the first quarter and 3.6 percent for the second quarter of this year, compared to 3.7 percent and 4.2 percent, respectively, for the third quarter and fourth quarter of last year.

The Press Freedom Index also improved from 113th last year to 73rd this year, while the World Competitiveness ranking also rose five places to 27th this year from 32nd. last year.

“It has been proven that in just seven months, the Unity Government has managed this country in a better direction. These five achievements will benefit all Malaysians, especially the new generation in the future,” he said.

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