KUALA LUMPUR, Oct 8 (Bernama) -- The government is confident of achieving its target of raising workers’ compensation to 40 per cent of gross domestic product (GDP) by 2030, in line with the aspirations of the 13th Malaysia Plan (13MP), Deputy Economy Minister Datuk Mohd Shahar Abdullah said.
Business : Govt Confident Of Achieving 40 Pct Workersâ Compensation Target By 2030 - Mohd Shahar
Economy Ministry, workers’ compensation, GDP, p
BE Bernama 
Key points
- He said the government, through the Economy Ministry, would accelerate structural economic transformation towards a high-value economy driven by innovation, digitalisation, advanced technologies and knowledge-intensive activities to raise workers’ compensation.
- He was responding to a question from Mohd Syahir Che Sulaiman (PN-Bachok), who asked about the government’s strategy to raise workers’ compensation to 40 per cent of GDP by 2030, including measures to ensure wage growth keeps pace with productivity.
- Mohd Shahar said workers’ compensation accounted for 33.9 per cent of GDP in 2025, up from 33.6 per cent in 2024, an increase of 0.3 percentage point.
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