The World Bank has also pointed to structural issues holding Malaysia back.
World Bank Calls On M’sia To Raise EPF Withdrawal Age To 65-70yo For Better Returns & Social Protection
According to the report, many Malaysians withdraw their entire EPF savings as soon as they turn 55.
World Bank: Many M’sian Graduates Forced Into Jobs That Don’t Match Their Degrees
The situation is worse in Kelantan, with over 50% of skilled workers in jobs unrelated to their qualifications.
World Bank: Malaysia Is Expected To Become A High-Income Nation By 2028
This achievement could come sooner if Ringgit remains strong.