KUALA LUMPUR, August 21 – Malaysia has set its sights on becoming one of the world’s top 30 economies within the next 10 years, climbing up from its current 37th position in the World Bank’s 2022 data. To achieve this goal, the country will prioritize regional integration, enhance competitiveness, focus on economic complexity, and boost value chains, according to Prime Minister Datuk Seri Anwar Ibrahim. The primary focus is to restructure the economy and position Malaysia as a leading economic power in Asia.
“If we are content with the current situation, the economy will continue to grow at around 4 percent. However, if we strive diligently and implement reforms, we can achieve 5.5 percent growth, and I believe it is not impossible for us to achieve 6 percent growth,” he stated at the launch of the Economic Madani: Empowering the People event on Thursday. Anwar emphasized the importance of enhancing economic integration with neighboring countries, especially as the world faces supply chain constraints.
