KUALA LUMPUR, February 26 – Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has emphasized that Malaysia’s record-approved investments of RM329 billion in 2023 will serve as a buffer against the challenges posed by the depreciation of the ringgit. He underscored the significance of these investments in creating employment opportunities and driving economic growth, thereby strengthening the nation’s resilience amidst currency fluctuations.
Zahid addressed concerns raised by the Opposition regarding the ringgit’s decline, affirming the government’s commitment to addressing the people’s issues comprehensively, including legislative matters and food supply stability. Speaking after inaugurating the Penggerak Wanita Risda (Pewaris) Programme, Zahid highlighted the government’s strategic plan to counter opposition pressure with factual data and research-driven arguments during parliamentary debates, emphasizing a shift away from rhetoric.
He also lauded the encouraging response to the development of technical and vocational education and training (TVET) for women, noting increased enrollment in post-secondary courses. Zahid affirmed that the TVET Jelita scheme aligns with market demands and aims to empower female entrepreneurs across various sectors beyond food and beverage. Prime Minister Datuk Seri Anwar Ibrahim’s announcement of Malaysia’s unprecedented approved investments in 2023 reflects the government’s commitment to economic growth and stability.
