Improved performance attributed to significant improvements in the country’s digital economy.
Significant improvements in Malaysia’s digital economy contributed to its improved overall financial inclusion position in the 2023 Global Financial Inclusion Index by Principal Financial Group.
“The country saw improvement across two of the three pillars of financial inclusion, ranking 22nd for government support , 17th for financial system support , and maintaining its fifth place ranking for employer support. Principal Malaysia country head and CEO Munirah Khairuddin said the continued focus on digitisation and other initiatives that eliminate barriers to people’s ability to save and invest will further improve financial inclusion across the country.
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