Madani economy plan needs determination to free Malaysia from middle-income trap - Bank Negara

KUALA LUMPUR: The Madani Economy policy plan requires determination and implementation to free Malaysia from the middle-income trap and head towards a high-income country, said Bank Negara Malaysia (BNM).

Governor Datuk Abdul Rasheed Abdul Ghaffour said the Malaysian economy is at a crossroads, and today's economic and financial policies will determine the direction and trajectory of the country's development in the future.