‘ECONOMY NOT IN SHAMBLES’
“The economy is not in shambles. Our growth rate of between 4 to 5 per cent is among the highest in the region and inflation is trending down at 2.8 per cent,” he said, adding that the problem lies in low wage growth.
The government has clear economic policy and solutions, which will be unveiled in the lead up to the Aug 12 state polls to win over fence sitters, he said.
His ministry will be releasing the renewable energy transition plan on Jul 27 that will attract RM25 billion (US$5.45 billion) in investments and create some 23,000 high-paying jobs.
“For the last six, seven months, the governing parties have focused very much on running the country. Everything was about policies, while there was a lot of build up of opposition content against us which we now have to neutralise,” said Mr Rafizi, who insisted there is still time to counter the opposition narrative.
Meanwhile, Mr Anwar has promised to unveil the Madani Economic Narrative next month to put the country on a stronger economic growth path.
Observers said he needs a strong win in Selangor to inject public confidence in his administration and ensure the stability of his unity government.