KUALA LUMPUR: Malaysia aims to elevate its economy to be among the world's top 30 largest in less than 10 years from number 37 in 2022 based on World Bank data by focusing on greater regionalisation and competitiveness, prioritising economic complexity and moving up the value chain.
The main focus is on economic restructuring towards making Malaysia an economic leader in Asia, Prime Minister Datuk Seri Anwar Ibrahim said.
"If we are only satisfied with the current situation, our economy will continue to record growth of four to five per cent.
"But if we work hard and implement reforms, we can achieve 5.5 per cent. In fact, I believe it is not impossible to generate growth of six per cent," he said at the launch of the 'Madani Economy: Empowering the People' here today.
Anwar said to realise the target, Malaysia must form a greater economic integration with its neighbours, especially with the world facing supply chain disruption.
