KUALA LUMPUR: Malaysia is no longer stuck in the middle income trap, given the steady growth of its gross national income (GNI) in recent years and improving fiscal position.
Performance Management & Delivery Unit ( Pemandu) pointed out that Malaysia’s GNI at US $10,570 per capita last year is now only 15% away from the high-income economy benchmark, compared with US$8,280 per capita in 2010, which then put the nation 33% short of achieving the coveted category.
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