PETALING JAYA: Malaysia will achieve a high-income economy between 2024 and 2028, but needs to improve its competitiveness, inclusiveness, efficiency and increase women participation in the workforce, according to the World Bank’s flagship report, “Aiming High — Navigating the Next Stage of Malaysia’s Development” yesterday.
In the report launched on Tuesday, it said Malaysia’s GNI per capita is at US$11,200 according to the latest estimates, only US$1,335 short of the current threshold level that defines a high-income economy.
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