KUALA LUMPUR, March 13– The MADANI economy has shown encouraging achievements since its introduction in July 2023, with increases in various key economic indicators.
Minister in the Prime Minister's Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said Gross Domestic Product (GDP) growth increased to 5.1 percent last year compared to 3.6 percent in 2023.
"In addition, approved investments soared by 14.9 percent to RM378.5 billion, while trade volume also recorded an increase of 9.2 percent to RM2.88 trillion," she said during a question-and-answer session at the Dewan Negara, today.
According to Dr Zaliha, the government has established the MADANI Monitoring Unit to monitor, facilitate and implement interventions on major government initiatives to ensure effectiveness and achievement of optimal results.
Dr Zaliha also informed that net foreign direct investment (FDI) inflows now stand at RM47.4 billion, reflecting investor confidence in the country's economy.