EMBRACING ECONOMIC AND POLITICAL UNCERTATINTY: REAL OPPORTUNITY FOR FUNDAMENTAL CHANGE

EMBRACING ECONOMIC AND POLITICAL UNCERTATINTY: REAL OPPORTUNITY FOR FUNDAMENTAL CHANGE ?? Tarikh: 16 Mac 2023 (Khamis) ?? Masa: 8.00 - 11.30 tgh hari ?? Tempat: INTAN SABAH ???? Penceramah: YBHG. TAN SRI DATO SERI DR. SULAIMAN MAHBOB ?? Anjuran: INTAN SABAH, JPA & JPM ?? Jumlah Kehadiran: Seramai lebih kurang 250 orang penjawat awam hadir di seminar ini. ?? Kehadiran JAS Sabah: PP NSH ?? Ringkasan Seminar: 1?? This program is organized as a platform for YBhg. Tan Sri Dato' Seri Dr. Sulaiman Mahbob to share his experience during the country's financial crisis. The seminar is designed to serve as a guide for public servants to remain resilient in facing future financial crises. 2?? Overall Investment Performance January- December 2022: Investment from Top 5 Countries China (RM 55.4 billion) USA (RM 29.2 billion) The Netherlands (RM 20.4 billion) Singapore (RM 13.5 billion) Japan (RM 11.4 billion) Investment in Top 5 States Johor (RM 70.4 billion) Selangor (RM 60.1 billion) Sarawak (RM 28.2 billion) W.P Kuala Lumpur (RM 25.0 billion) Pulau Pinang (RM 16.3 billion) 3?? In the economic sphere, Malaysia has long struggled with issues such as income inequality, corruption, and a lack of diversification beyond the dominant oil and gas sector. Embracing uncertainty could lead to a greater willingness to experiment with new approaches to economic development, such as investing in new industries, promoting innovation and entrepreneurship, and addressing inequality through targeted social programs. 4?? In the political sphere, Malaysia has faced a number of challenges in recent years, including corruption scandals, questions about the independence of the judiciary, and a lack of progress on democratic reforms. Uncertainty could create an opening for political leaders and civil society actors to push for meaningful change in areas such as transparency, accountability, and human rights. 5?? Embracing uncertainty also entails risks, and it is important to manage these risks carefully. This may involve building consensus around key issues, engaging in dialogue and consultation with stakeholders, and developing policies that are grounded in evidence and analysis. 6?? Overall, however, embracing economic and political uncertainty can provide an important opportunity for Malaysia to break out of old patterns and chart a new course towards a more prosperous, equitable, and democratic future.