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Empowering Malaysia's Growth Through Enhanced Productivity
We are steadfast in propelling Malaysia towards a future where productivity leads the way in economic development. Our detailed document, "Sustainable Productivity as the Game Changer," serves as a cornerstone of this vision.
Synopsis
The document meticulously outlines our strategic objective to augment national productivity growth by 3.7% annually from 2021 to 2025. It frames productivity as the driving force in cultivating a robust economy, propelled by pivotal components such as private consumption, investment, government spending, and net export. The document underscores the significance of decreasing bureaucratic red tape to enhance competitiveness and attract investors, which in turn boosts profits and wages, a reflection of a nation’s progress towards developed country status.
Comprehensive Content Segments
National Productivity Target
A deep dive into our goal for national productivity growth and its vital role in GDP enhancement.
Productivity Multiplier
Insights into the MPC's focused interventions to improve the productivity multiplier, ensuring more efficient production processes and service delivery.
Productivity as a Growth Source
An examination of how reducing bureaucratic obstacles can increase the profitable and competitiveness of states, thereby improving living standards for citizens and businesses.
Technology and Talent
Discussion on the importance of industrial investment, skilled labour, and technology adaptation in improving productivity and wealth distribution among companies and workers.
