Malaysia and ADB
In the Spotlight
Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies move ahead with structural reforms, says a new ADB report. Read about the economic outlook for Malaysia.
Food insecurity and economic vulnerability should be included in a broader definition of poverty that could help policymakers develop more effective approaches, says new ADB report.
ASEAN countries plan to launch a single market for goods, services, capital and labor, potentially one of the largest economies and markets in the world.
Malaysia is a middle-income country with a record of strong economic performance and poverty reduction. It has largely achieved its Millennium Development Goals for income, poverty, primary education, gender, and health well ahead of the 2015 target.
ADB aims to establish a role consistent with Malaysia’s middle-income status and development programs, combining nonsovereign operations and reimbursable technical assistance modalities to support Malaysia’s efforts toward a business-friendly environment.