Economic growth strengthening of ringgit can push M'sia to high-income status by 2027 | TheStarTV.com

Economic growth strengthening of ringgit can push M'sia to high-income status by 2027

Published on 29 Jul 2024 8:28:00 PM

Malaysia will become a high-income country from 2027 onwards if the national economy grows four to five per cent every year and the ringgit strengthens to around RM4.20 against the US dollar, Economy Minister Rafizi Ramli said.

He said if these targets can be achieved and Malaysia will be seen as a country with potential, which will indirectly allow it to become an ‘Asian Tiger’ again.

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Keywords
rafizi ramli, asia tiger, economic census findings, ringgit

Malaysia will become a high-income country from 2027 onwards if the national economy grows four to five per cent every year and the ringgit strengthens to around RM4.20 against the US dollar, Economy Minister Rafizi Ramli said.

He said if these targets can be achieved and Malaysia will be seen as a country with potential, which will indirectly allow it to become an ‘Asian Tiger’ again.

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Keywords:
rafizi ramli, asia tiger, economic census findings, ringgit

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