Government / Public Policy

Madani Economy: Seven benchmarks to be achieved in next 10 years

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim today outlined the country's economic direction when he unveiled the "Madani Economy: Empowering the People".

Anwar, who is also the Finance Minister, said there are seven benchmarks to be achieved by the country within the next 10 years following the launching of the blueprint.

The seven benchmarks include transforming Malaysia into the top 30 largest economies around the world and placing the country in the top 12 of the Global Competitiveness Index.

Other benchmarks outlined in the blueprint were increasing women's participation in the country's workforce to 60 per cent, placing the country as the top 25 nations in the world in the Corruption Perception Index and boosting the nation's fiscal strength with fiscal deficit of three per cent or lower.

"The Madani Economy: Empowering the People will be the master plan for several other policies that will be announced later including the National Energy Transition Roadmap and the mid-term review of the 12th Malaysia Plan," he said.

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