Malaysia is experiencing a significant demographic shift towards an ageing population but we are so unprepared for it. — rawpixel.com
As much of the world confronts the complex implications of ageing populations, middle-income countries like Malaysia face a particularly difficult balancing act: preparing for the demographic pressures of an aged society without the fiscal space or institutional maturity of more developed economies.
By 2030, an estimated 15% of Malaysians will be aged 60 or over – a milestone that marks the transition to an “aged society”.
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