Prime Minister Najib Abdul Razak said Malaysia is on the right track towards becoming a developed nation.

Najib cited the government's policies, such as fuel subsidy reduction and the Goods and Services Tax (GST), which he said spurred such progress to benefit the people.

"During my meeting with him, President Jokowi praised the Malaysian government's measures and remarked that the challenges faced by Indonesia were greater, even though its policies were similar to Malaysia's," he said.

Najib said this during a dinner function at the Malaysian Embassy in Jakarta last night.

He is in Jakarta for a three-day working visit, beginning yesterday, and is scheduled to attend the World Islamic Economic Forum today.

Najib said Jokowi told him that Indonesia also provided financial aid to its poor as Malaysia does, and had similarly reduced its fuel subsidy as well as imposed GST, which was higher than Malaysia's.

- Bernama