KUALA LUMPUR: Second finance minister Amir Hamzah Azizan is leading the Malaysian delegation to a three-day meeting with investors in New York until tomorrow.
The finance ministry, in a statement, said the meeting is being held in conjunction with Amir’s presence at the spring meeting of the International Monetary Fund and the World Bank Group 2024 in Washington DC from Wednesday.
“Investors show a high interest in understanding the fundamentals and potential of the Malaysian economy as well as the progress of implementing the Madani economic reform agenda.
“The investment confidence is stronger following the fiscal reforms implemented by the government, including reducing the deficit, the Public Finance and Fiscal Responsibility Act, and targeted subsidies for electricity and water,” it said.
The meeting and dialogue session with financial and capital market investors are being held to provide explanations regarding the current economic position and the government’s plan to further strengthen the country’s finances and facilitate investment.
“The meeting with international investors such as fund managers and investment banks will also explain the direction of the implementation of the Madani Economic Framework.”
Today, Amir held an engagement session with investors.
In an engagement session with investors scheduled in New York tomorrow, he is expected to meet with 50 global investors from various industries and businesses in the US. - FMT
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