Malaysia Economic Outlook and Post-Budget 2022

The Malaysian government has launched eight economic stimulus packages since the COVID-19 outbreak ─ each with a different monetary aid package ─ with the goal of protecting the people's livelihoods and wellbeing. To accelerate Malaysia's economic revival following the pandemic, the Budget 2022 will focus on three main areas, i.e. driving economic recovery, restoring the country's resilience, and catalysing reforms.

In order to increase the nation's competitiveness during this challenging period, a special emphasis will be placed on measures to revitalise impacted industries such as tourism, enhance the public healthcare system as well as the scope of social protection, and elevate the digital economy.

In a recently announced revision of Malaysia's GDP growth, Malaysia's 2021 GDP is expected to grow between 3.0 and 4.0 percent, following a 4.5 percent contraction in 2020. This is contingent on the virus' effective containment as well as sustained external demand. Thus, the need to build a more resilient economy in the long term is imperative.

We are inviting expert panellists from various backgrounds to share their insights and suggestions, as well as to discuss:

• The National Recovery Plan
• Post-Budget 2022 analysis
• Reforms and measures the government needs to prioritise on the road to economic recovery