PUTRAJAYA: The upcoming 2017 Budget will put more emphasis on enhancing the country's digital economy, said Treasury Secretary-General, Tan Sri Irwan Serigar Abdullah today. The digital economy, he said, has a huge impact on the ecosystem and Malaysia is focused on transforming its economy based on an innovation-led growth. "This is the reason why it would be the focus of the 2017 Budget," he said in his speech during the Government Digital Transformation: Innovative Government 4.0 event here today. Prime Minister Datuk Seri Najib Razak had in early August shared that digital economy contributes to 16.3 per cent of the GDP. Irwan said Malaysia aspires to have a digital economy that contributes 20 per cent to the GDP by 2020.

Source: New Strait Times October 06, 2016 04:41 UTC