KUALA LUMPUR, June 17: Malaysia’s remarkable rise in the World Competitiveness Ranking (WCR) 2025 is clear evidence that the reforms implemented by the MADANI government are yielding positive results, said Prime Minister Datuk Seri Anwar Ibrahim.
The WCR 2025 report showed Malaysia jumping 11 positions from 34th in 2024 to 23rd place, the country’s best performance since 2020.
Anwar, who is also the Finance Minister, emphasised that the country’s strong performance in trade, administrative efficiency, and investment environment forms a solid foundation for inclusive and sustainable economic growth.
“We have proven that Malaysia can make significant strides with political determination, the commitment of the entire government machinery, and close cooperation with the private sector.
“This achievement belongs to all Malaysians. It is a crucial cornerstone in our journey to position the country among the most competitive economies by 2033, ensuring a brighter future for our children,” he said in a post on his official Facebook page.
The WCR is published annually by the Switzerland-based International Institute for Management Development (IMD).
It is a comprehensive report that evaluates economies based on their ability to create and sustain a business-friendly environment that contributes to long-term prosperity. – TVS
