PETALING JAYA: As the Malaysian population continues to age, a pressing need arises for comprehensive strategies to support and enhance the living ecosystem for senior citizens, all the while playing a crucial role in fortifying the overall economic well-being of the nation.
According to the Economic Outlook 2023 report released by the Finance Ministry, Malaysia’s ageing population is growing at a faster-than-expected rate, whereby more than 15% of its population will be above the age of 65 by 2050.
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