A chance to revamp the economy

EVEN before the Covid-19 pandemic, having been a middle-income nation for many years, Malaysia was very much in need of a growth path that would lead to improved wellbeing of the people, be it in terms of income or other equally important dimensions. With all its uncertainties, the consequences and impact of Covid-19 can only make the state of our future growth more precarious.

While the short-term focus is to restart the economy, Malaysia must not lose sight of the dire need to revamp the economy so that our growth trajectory will be aimed at a high value-added economy.