World Bank: Malaysia to achieve high-income nation status as early as 2020

file pic of the Kuala Lumpur skyline.

PETALING JAYA: According to World Bank simulations, Malaysia is projected to achieve high-income status as early as 2020.

The World Bank's Malaysia Economic Monitor report published on Thursday (Dec 15) showed that Malaysia is projected to exceed the threshold that defines high-income economy status at some point in the period from 2020 to 2024.