New Economic Model (NEM) Outlines Eight Strategic Reform Initiatives to Transform Malaysia into a High Income Economy


1. Re-energising the private sector
2. Developing a quality workforce and reducing dependency on foreign labour
3. Creating a competitive domestic economy
4. Strengthening the public sector
5. Transparent and market-friendly affirmative action
6. Building the knowledge base and infrastructure
7. Enhancing the sources of growth
8. Ensuring sustainability of growth

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