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Friday 08 May 2015 - 13:55 Makkah mean time-19-7-1436
PM Najib Razak (BERNAMA Photo)
Kuala Lumpur (IINA) – Malaysian Prime Minister Najib Razak said that his country was on the right course to achieve the 55 percent goal of female labor participation rate this year, BERNAMA reported.
Najib said this was achievable as the women's participation in the workforce had reached 53.6 percent in 2014 compared to only 46 percent on 2009.
"That translates to around 600,000 women joining the workforce, and an extra 0.3 percent of gross domestic product (GDP) growth per year,” he explained.
"These are tangible results, and I am confident that at this rate of progress we will meet our 55 percent target by end of this year," Najib said in his keynote address at the 'Lead the Change – Women on Boards' program here Friday.
He added that as Malaysia was on the final lap of its journey to reach high income nation status by 2020, it was essential to harness the talent and energy of women in Malaysia, as equal partners in building a high-income, high productivity economy with the right fundamentals for sustainable growth.
AB/IINA
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