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Focus on inclusive growth now, World Bank tells Putrajaya


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World Bank senior economist for poverty and equity Ririn Salwa Purnamasari said Malaysia is well-positioned to achieve an inclusive, high-income future.  (Envato Elements pic)
PUTRAJAYA:

The World Bank has commended Malaysia for its strong progress in reducing poverty but says it must now turn its focus to ensuring more equitable growth for the people.

World Bank senior economist for poverty and equity Ririn Salwa Purnamasari said Malaysia’s achievements over the past generation were undeniable, with hardcore poverty now almost eliminated.

“Malaysia’s efforts in poverty and inequality reduction have been impressive.

“Hardcore poverty is now almost non-existent. The government’s target on eliminating hardcore poverty has essentially been met,” she said during a panel session at the 2025 National Public Service Reform Convention held here today in conjunction with Rancakkan Madani.

Ririn said the country must now move beyond simply eradicating hardcore poverty and focus…

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