Education News

Malaysia’s economy: getting closer to high-income status

Southeast Asia Education News    

Malaysia’s economy continues to perform strongly, with higher than anticipated growth at 5.8 percent in 2017, and projected growth of 5.3 percent for 2018, according to the IMF. The country is well on its way to achieving high-income status, but to pass the finish line, the authorities will have to step up reforms to boost productivity and raise living standards for its 32 million citizens. IMF.org