Bank Negara Malaysia hosted the Sasana Symposium 2024, emphasizing collaboration for implementing structural reforms for a more resilient and prosperous Malaysia. The conference featured discussions, exhibitions, and success stories highlighting the importance of collective action and financial inclusion.pen_spark
12 June 2024 – Bank Negara Malaysia (BNM) hosted its annual Sasana Symposium, emphasizing the importance of nationwide collaboration for implementing critical structural reforms. The two-day conference, held at Sasana Kijang, aimed to solidify Malaysia’s economic future through a collective effort.
Government Pledges Commitment to Reforms
Datuk Seri Amir Hamzah Azizan, the Minister of Finance II, delivered a keynote address highlighting the government’s dedication to structural reforms. These reforms, he stated, are “already in motion” to unlock new growth opportunities, bolster long-term development, and enhance resilience against future uncertainties.
Building a Brighter Future Through Collaboration
Datuk Abdul Rasheed Ghaffour, Governor of BNM, echoed the significance of reforms. He emphasized the current economic stability as a unique opportunity to pursue impactful reforms and ensure a prosperous future for Malaysia. The Governor stressed the necessity for collective action to translate these reforms into reality.
Broadening the Dialogue on Economic and Social Issues
This year’s extended two-day format of the Sasana Symposium facilitated wider discussions on crucial macroeconomic and socioeconomic topics. The conference featured 24 panel sessions, fireside chats, and workshops with a diverse range of participants, including ministers, government officials, economic experts, academics, industry leaders, and civil society representatives.
Showcasing Success Stories and Promoting Financial Inclusion
A significant highlight of SS2024 was the presentation of microentrepreneurs who have benefited from the iTEKAD social finance program. Thirteen businesses, supported by various financial institutions, showcased their products and achievements. The program has provided blended financing and training to over 6,000 low-income microentrepreneurs, empowering them to grow their businesses.
Celebrating Heritage and Fostering Financial Literacy
Coinciding with BNM’s 65th anniversary, the Symposium hosted an immersive exhibition showcasing the central bank’s rich history in safeguarding Malaysia’s monetary and financial stability. Additionally, a side-event exhibition titled “Never Too Late: Make Hay While the Sun Shines” was launched. This exhibition aims to instill a culture of saving and elevate financial literacy among Malaysians. It will be on display until January 31, 2025, at the BNM Museum and Art Gallery (Level 2).
