I am honored to have the Prime Minister here today to officiate the opening of the inaugural meeting of the National Economic Advisory Council, a council mooted by the Prime Minister himself. The National Economic Advisory Council (or NEAC for short) is set-up to evaluate the urgent state of the economy and recommend strategic reforms and structural changes to improve its competitive positioning and economic sustainability that will propel Malaysia’s growth potential for the medium to long term. For the NEAC, given what is at stake, time and momentum is of the essence.
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