KUALA LUMPUR: Vice President for East Asia and Pacific Victoria Kwakwa said Malaysia’s economy was well-diversified and stood on solid foundations, which makes it on track to becoming a high income and developed country.
“We welcome the government’s efforts, as part of this process, to strengthen institutions, develop human capital and protect the vulnerable in the society.
“The World Bank Group stands ready to support Malaysia during this important transition process,” she was quoted as saying by Bernama.
On her official four-day visit to Malaysia on Monday, Kwakwa has met Prime Minister Tun Dr Mahathir Mohamad, Finance Minister Lim Guan Eng, Bank Negara Malaysia Governor Datuk Nor Shamsiah Mohd Yunus, and Deputy Yang Di-Pertuan Agong Sultan Nazrin Muizzuddin Shah.
The meetings were about development trends in Malaysia such as the digital economy and skills development for future competitiveness in all countries in the region.
