The Malaysian economy has proved its resilience yet again, achieving a growth rate of 3.3 per cent in the third quarter of 2023. Though this was a reasonable rate given the rather tepid global environment, it was only marginally larger than the 2.9 per cent that was marked for the second quarter of 2023.
Malaysia’s focus extends beyond the pace of its growth. There has been disquiet on the economic front even as Prime Minister Anwar Ibrahim’s administration has tried to keep the coalition going. Amid this discontent, there have been occasional rumblings of attempts to dislodge the current government.
Since stepping into office in late 2022, Anwar has managed the national economic discourse, parrying concerns on inflation, the exchange rate, fiscal space, subsidy rationalisation, sources of tax revenue and identifying drivers of…
