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MADANI Economic Reform Agenda Yielding Results

MADANI Economic Reform Agenda Yielding Results

Barnama20-06-2025
BUSINESS
PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim.
Despite global geopolitical and economic uncertainties, Malaysia has shown encouraging achievements in investment, economic performance, and fiscal stability, said Anwar, who is also the Finance Minister.
Citing the World Competitiveness Ranking 2025 by the Institute for Management Development (IMD) recently, Anwar said Malaysia ranks 23rd in the global ranking, up 11 places from 34th in 2024.
"This is the best achievement since 2020. We are the only country to record an improvement of more than 10 places," he said at the Finance Ministry's monthly assembly today.
Anwar said the overall ranking was driven by improvements in three key areas — economic performance, which rose four spots to 4th in 2025, up from 8th in 2024; government efficiency, which jumped eight steps to 25th in 2025 from 33rd last year; and business efficiency, which rose eight rankings to 32nd in 2025 from 40th in 2024.
"This achievement is not only the result of prudent fiscal and financial policies but also due to the competence and capability of our civil servants.
"It shows that introducing the Public Service Remuneration System was not in vain – it's an encouragement to consider bonus-related matters next,' he added.
Anwar also said the International Monetary Fund (IMF) had noted the reform efforts.
"Through the 2025 Article IV mission, the IMF praised Malaysia's commitment to fiscal reforms.
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