Najib: Economy set to grow 4.5 to 5.5 percent
Malaysia's economy is set to grow by between 4.5 percent and 5.5 percent this year, Prime Minister Najib Abdul Razak said today.
"The growth rate will make Malaysia one of the 20 fastest-growing economies in the world," Najib said on his official Facebook page.
Malaysia's economy is set to grow by between 4.5 percent and 5.5 percent this year, Prime Minister Najib Abdul Razak said today.
"The growth rate will make Malaysia one of the 20 fastest-growing economies in the world.
"Over the years, with political stability and strong fundamentals, Malaysia's economy has been on a steady and sustainable growth path," Najib said on his official Facebook page.
Malaysia's economy expanded by six percent last year, with the services sector accounting for 55 percent of the country's economy, and the manufacturing sector, 25 percent.
The country's gross domestic product has grown at a compounded annual growth rate of six percent to RM835 billion last year, from RM630 billion in 2009.
- Bernama
Are you sure you want to delete this comment?
This action cannot be undone.