This keynote address by Minister of Finance Tengku Datuk Seri Zafrul Abdul Aziz highlights the resilience and economic recovery of Malaysia post-pandemic. He commends small and mid-sized publicly listed companies for their performance despite challenging conditions and emphasizes the importance of long-term sustainability and building resilience. The speech details Malaysia’s economic recovery, supported by government measures such as wage subsidies, business financing, and job creation, resulting in lower unemployment rates. It also addresses the government’s efforts to integrate sustainability and environmental, social, and governance (ESG) principles into business operations to ensure long-term resilience and competitiveness. Additionally, the Minister shares Malaysia's aspirations to become a carbon-neutral nation by 2050 and outlines the government's strategies for creating a sustainable future, including reforms to encourage businesses to adopt ESG principles. The address underscores the importance of maintaining recovery momentum while addressing global challenges such as inflation, geopolitical tensions, and financial tightening. It concludes with a focus on future strategies in Budget 2023 to support sustainable growth and resilience in Malaysia.
