Read on Twitter
1/7: Just had the privilege of hearing from Mohd Rafizi, Minister of Economy, at the Qatar Economic Forum's panel on 'Strengthening Malaysia’s Economy'.
🧵
🧵
2/7: The vision is clear. Rafizi says, "We want to lead a regional energy exchange in the region." It's about leveraging strengths and leading forward. #QEF2023 #Malaysia
3/7: From making to creating – "We are scaling up from medium value manufacturing to high value." Malaysia is setting its sights high and ready to bring value to the world stage.
4/7: Subsidies? Time for a shift. "Malaysia is heavily subsidized on energy. We are transitioning, however, removing energy subsidies." It’s a bitter pill now, but the medicine will make the economy healthier in the long run.
5/7: The result? By year-end, they’ll "save 25% of the national budget, that will go social safety net and infrastructure." Talk about smart money management. #EconomicStrategy
6/7: On education & workforce – Rafizi states, “There are shortages with certain professions... to get them we don’t need people to spend four years in university. They’re getting educated in other more innovative and shorter ways.” A nod to the changing face of education.
7/7: Lastly, Rafizi emphasizes: "Malaysia has always been a trading nation. We are multi-racial and diverse, connected with the rest of the world... We offer value and access to Asia. That’s our way." A statement of identity, history, and a beacon for the future. #QEF2023
• • •
Missing some Tweet in this thread? You can try to
force a refresh
