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Malaysian Prime Minister Anwar Ibrahim has just announced a new plan to boost the Southeast Asian country's economic growth.
Accordingly, the plan sets out seven goals to be achieved within 10 years, including reducing Malaysia's fiscal deficit to 3% or lower.
Other targets include Malaysia being among the world’s top 30 economies, top 12 in the Global Competitiveness Index, top 25 in the Human Development Index and top 25 in the Corruption Perceptions Index. The plan also aims to raise the share of workers’ income to 45% of total income and increase the proportion of women in the workforce to 60%…
The new plan was announced amid forecasts that Malaysia's economic growth in 2023 could be lower than in 2022 due to the impact of global crises.
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