Budget Townhall

Budget Town Hall 2023:

Ekonomi MADANI: A Green Growth for Youth?

We were honored to host the Budget Town Hall session of “Ekonomi MADANI: A Green Growth for Youth?” with our panels Dr Yasuhiko Matsuda (The World Bank), Prof Ong Kian Ming (Taylor's University) and Ms. Beatric Ch’ng (PwC Advisory). The panels discussed on the recently tabled Budget 2024 by the Prime Minister. The discussion also touches on various aspects related to budgeting, subsidies, sustainability, and equal opportunities.

Key Takeaways:

The social and economic needs of different segments in society through National Budget. Dr Yasuhiko Matsuda, acknowledges the detailed nature of the budget and expresses the need for a clear and coherent strategy. He emphasizes the importance of fiscal responsibility and controlling public debt.

Prof Ong also added that the aim of Malaysia is to achieve high-income status, but there is significant geographic inequality among its states. He highlighted that only a few states are close to reaching high-income status, while the poorest states would take another 30 years to catch up, even with consistent 5% annual growth. He stressed that the challenge in tackling equality is to address this geographic and other forms of inequality, not solely relying on government interventions but also involving the private sector.

Ms. Beatrice said that companies may need help in developing viable projects in order to fully support NETR. An emphasis on the importance of not only transitioning to electric vehicles but also improving the overall transportation system to promote sustainability was highlighted in the discussion.

Budget Town Hall 2023:

SUSTAINABLE ECONOMIC ENHANCEMENT

What surprises can we expect from Budget 2023 which will likely include input from opposition lawmakers? How do numbers like GDP, fiscal deficit, expenditure allocation and federal reserves relate to our daily life? What will be the initiative from government building on global economy recovery post COVID-19 pandemic?

Budget Town Hall 2021:

A CLOSE-UP VIEW

HEYA’s Budget 2021 flagship event aims to provide an overall analysis of the federal budget with special focus on key data and numbers from the budget, economic recovery from COVID-19 pandemic, future economic outlook and opportunities ahead for Malaysians especially entrepreneurs or small and medium enterprise owners. We believe that with speakers from diverse backgrounds such as economist, academician and lawmakers sharing inputs from different perspectives, we are able to understand the government's visions on economy and fiscal policies better and to participate and drive the visions to success, besides gaining deeper understanding on how we can benefit from these policies.

Budget Town Hall 2020:

Breaking the Youth's Income Ceiling

HEYA has successfully end yesterday. We thank YB Kelvin Yii, MP Kuching @ Member of Parliamentary Special Select Committee on Budget, Mr Zhai Gen Tan, Khazanah Research Institute and Mr Afiq, Research Manager of Asian Strategy and Leadership Institute (ASLI) for delivering an awesome insights on Budget 2020, Malaysia socio-economic landscape and the future opportunity highlight. Not to forget Mr Danesh Chandran too, who has made an outstanding moderation for the session. HEYA has also taken the opportunity to present the Higher Education Reform Update to the participants. As the member of the Higher Education Reform Technical Committee, President Ooi Tze Howe has outlined the new framework that will be adopted to consolidate public universities, private universities, community colleges, polytechnics and teaching colleges, named as the Higher Education Act 2020. We thank all participants that attended the event yesterday. Stay tune for more inspiring events brought to you by HEYA