17 Mar 2021 / 09:30 H.
World Bank lead economist has urged Malaysia to raise the rate of women’s participation in the labour force. – REUTERSPIX
PETALING JAYA: The World Bank has laid out the need for Malaysia to adopt and implement a series of economic reforms as it is at a critical position to make the transition into a high-income nation within four to eight years, according to its country manager, Firas Raad.
He said the government needs to embark on reforms relating to competitiveness, labour participation of women, investments, share of high skilled employment as well as fiscal capabilities, to prepare for that transition and sustain growth over the medium to long term.