Ruang Media

Budget 2023’s initiatives to mobilise domestic front, provides support to local biz – EXIM Bank

8 Oktober 2022

KUALA LUMPUR, Oct 8 (Bernama) – Various initiatives and incentives announced under Budget 2023 are likely to mobilise the domestic front, providing much-needed support to local businesses including the micro, small and medium enterprises (MSMEs).

Export-Import Bank of Malaysia Bhd (EXIM Bank) said the improvement in commercial activities would contribute to job creation on the back of the growing number of youths joining the workforce.

“This bodes well for the government’s aspiration to enhance ‘rakyat’ socio-economic wellbeing,” president and chief executive officer Arshad Ismail said in a statement today.

He said the budget with a total value of RM372.3 billion would change the development landscape of the country to be more inclusive and sustainable, strengthening the country’s resilience towards challenges in driving growth despite current headwinds.

Arshad said the budget would also help the nation navigate issues in the economy such as rising inflation that has crimped disposable income and increases in interest rates that have magnified challenges in managing financial obligations.

“EXIM Bank is committed to playing its developmental role and delivering on its mandate in supporting more Malaysian exporters to thrive beyond Malaysian borders,” he added. – 

For more news coverage, please click on the following links: (BM)

  • line-element
    Ruang Media Lain

1MDB Bayar Balik Lebih Awal Hutang RM2 Bilion – Berita Harian

Malam Wartawan Malaysia 2020 – MPI Terima Sumbangan RM335,000 Anjur Acara

EXIM Bank-financed Vietnam Varsity Campus To Receive Students

Ikut kami

Laman web ini responsif mudah alih dan terbaik dilihat dalam Google Chrome dan Safari.

Maklumat Terkini

Kisah Kejayaan

Takaful & Insurans Kredit