VIENTIANE, (Laos): Chinese Foreign Minister Wang Yi has commended Singapore for the smooth transition of the premiership from Lee Hsien Loong to Lawrence Wong on May 15, saying that it could be a model for the West.
SINGAPORE: A positive outlook from analysts and rating agencies supported by encouraging economic figures shows Malaysia is making great strides to reclaim its Asian Tiger status, says Finance Minister II Datuk Seri Amir Hamzah Azizan .
"We are also seeing a lot of financial analysts out there, a lot of rating agencies, a lot of people that are acknowledging that Malaysia is fundamentally back ,” he told the Malaysian diaspora here on Saturday night.Amir Hamzah, who was on a two-day working visit to the island republic ending Saturday, was speaking at a dinner hosted by the High Commission of Malaysia in Singapore.
He said that faced with a national debt of about RM1.5 trillion, the government has to resort to some"difficult decisions for the right purpose” such as targeted diesel and electricity subsidies to create more fiscal space for economic growth.
Asian Tiger Economy Budget 2025 Amir Hamzah Azizan
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