Malaysia has a grand ambition to become one of the top 30 economies in the world within the next 10 years. This ambitious plan was announced by Prime Minister Anwar Ibrahim during the Madani budget.
In a statement, the Prime Minister expressed the country’s commitment to achieving this goal. He emphasized the importance of significant economic transformation to reach this status. Strategic measures will be taken to optimize economic growth and encourage investments across various sectors.
The Malaysian government plans to take concrete steps involving collaboration with the private sector and international institutions. This will help create a conducive and supportive business environment for sustainable economic growth.
Furthermore, there will be a focus on innovation and technological development. These initiatives aim to enhance Malaysia’s competitiveness in the increasingly competitive global market.
Addressing economic challenges and obstacles is also a top priority. The government will take measures to ensure macroeconomic stability and reduce economic disparities among regions in Malaysia.
Commitment to sustainability and environmental protection will also be an integral part of the economic growth strategy. Malaysia aims to develop a green and environmentally friendly economy, prioritizing sustainable and socially responsible initiatives.
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Additionally, investments in the education and workforce development sectors will be prioritized. The government seeks to improve the quality of human resources to meet the demands of a rapidly evolving economy.
With high ambitions and well-thought-out strategies, Malaysia hopes to overcome challenges and achieve its position among the top 30 economies in the world in the coming decade. Success in realizing this goal will bring significant benefits to Malaysian society and solidify the country’s position as a key player in the global economic stage.
All parties are encouraged to support and participate in these efforts to achieve sustainable and inclusive economic growth, making Malaysia a role model for other nations aspiring to achieve true economic prosperity.
Source: mof.gov
