Malaysia's Corruption Crackdown Key
This is a Malaysia news story, published by CNBC, that relates primarily to Anwar Ibrahim news.
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endemic corruptionCNBC
•'Full force': Malaysia PM says crusade against corruption is not over as country courts investment
72% Informative
Malaysia lost around 277 billion ringgit in economic output due to corruption from 2018 to 2023 , according to official estimates.
Prime Minister Anwar Ibrahim says investors will gain more confidence when they see consistency in transparent processes and a stronger commitment to put an end to corruption.
Multiple instances of corruption still make headlines when proper governance in Malaysia is being discussed.
In May , the government launched its new national anti-corruption strategy.
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