KUALA LUMPUR -- Malaysia aims to average 4.5% to 5.5% annual economic growth through 2025 and become a developed country by that year, five years earlier than a target set by former leader Mahathir Mohamad.
Prime Minister Ismail Sabri Yaakob revealed the goals on Monday as he tabled a sweeping five-year development plan, to be debated and voted on in parliament. The blueprint aims to guide the country beyond the economic ravages of the COVID-19 pandemic, though the fight against the virus is far from over and the premier himself stressed the government's financial constraints.
