COMMUNICATIONS and Digital Minister Fahmi Fadzil presented five pieces of evidence that show Malaysia is now in a better position under the administration of the coalition government.
In a Facebook post today, Fahmi (above) shared that the government’s Seven-Month Report Card (Series Two), which outlines the proof that Malaysia’s economy recorded better growth in the first quarter of this year at 5.6% compared to the same quarter last year, which was 4.8%.
“Total investment into Malaysia increased to RM71.4 bil for the first quarter of 2023 compared to RM44.7 bil for the first quarter of 2022,” according to the message.
Apart from that, the country’s inflation rate is also lower at 3.9% for the first quarter and 3.6 percent for the second quarter of this year, compared to 3.7% and 4.2%, respectively, for the third quarter and fourth quarter of last year.
According to the post, 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 government has managed this country in a better direction. God willing, these five achievements will benefit all Malaysians, especially the new generation in the future,” he said. – July 19, 2023