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> Blog > Economics > NEF 2024 Commences Today as Malaysia Forges a Path Towards Economic Progress
Economics

NEF 2024 Commences Today as Malaysia Forges a Path Towards Economic Progress

Helia Karina
Last updated: May 9, 2024 8:47 pm
Helia Karina
1 year ago
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Kuala Lumpur, Malaysia – May 9, 2024

Today marks the commencement of the National Economic Forum (NEF) 2024, a pivotal event where Malaysia charts its course towards economic advancement and resilience in an ever-changing global landscape. The forum, held annually, brings together key stakeholders from government, industry, academia, and civil society to deliberate on strategies and policies crucial for sustainable development and growth.

With the theme “Accelerating Economic Transformation: Innovation, Sustainability, Inclusivity,” NEF 2024 aims to foster dialogue and collaboration on pressing economic issues, leveraging innovation, promoting sustainability, and ensuring inclusivity in economic opportunities for all Malaysians.

In his opening address, Prime Minister Ahmad Zahir highlighted the importance of resilience and adaptability in navigating the challenges posed by global uncertainties. “As Malaysia strides forward, it is imperative that we embrace innovation, sustainability, and inclusivity as pillars of our economic strategy,” stated Prime Minister Zahir. “NEF 2024 serves as a platform for us to collectively address these challenges and seize opportunities for progress.”

The forum features a series of panel discussions, workshops, and presentations focusing on various aspects of economic development, including digital transformation, green initiatives, human capital development, and fostering an enabling business environment.

Key topics on the agenda include:

  • Digital Innovation and Entrepreneurship: Exploring opportunities to harness technology and digitalization to drive economic growth, foster innovation ecosystems, and empower entrepreneurs.
  • Sustainable Development and Green Economy: Discussing strategies to promote sustainable practices, mitigate climate change, and capitalize on opportunities in renewable energy and green industries.
  • Inclusive Economic Growth: Addressing disparities in wealth distribution, enhancing social protection measures, and promoting inclusive policies to ensure equitable access to economic opportunities for all segments of society.

NEF 2024 also provides a platform for stakeholders to showcase innovative projects, initiatives, and best practices contributing to Malaysia’s economic transformation journey.

The forum concludes with the adoption of the NEF 2024 Declaration, outlining actionable recommendations and policy directions to guide Malaysia’s economic agenda in the coming years.

As Malaysia forges ahead on its path towards economic progress, NEF 2024 serves as a testament to the nation’s commitment to building a resilient, inclusive, and sustainable economy for the benefit of all its citizens.

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