KUALA LUMPUR: The country is on track to achieve its developed nation target after gross domestic product (GDP) growth exceeded 6% last year, said Prime Minister Datuk Seri Najib Tun Razak.
The figure is crucial as the country needed to maintain a minimum growth rate of 6% for the next 10 years to achieve Vision 2020.
The official GDP figures would be announced today, but Najib said: “As a preview, I can tell you that the figure has exceeded 6%.”
Speaking at the launch of a programme on strengthening the Dewan Negara at Parliament House yesterday, Najib said Malaysia could achieve developed nation status if it had an annual average growth of 6% over 10 years.
At a press conference later, he said the growth rate was achievable unless affected by a global crisis.
“We are a major trading nation. If there is no external demand, it will affect us.
“If external factors are positive, we can attain moderate positive growth,” he said.
The figure is crucial as the country needed to maintain a minimum growth rate of 6% for the next 10 years to achieve Vision 2020.
The official GDP figures would be announced today, but Najib said: “As a preview, I can tell you that the figure has exceeded 6%.”
Speaking at the launch of a programme on strengthening the Dewan Negara at Parliament House yesterday, Najib said Malaysia could achieve developed nation status if it had an annual average growth of 6% over 10 years.
At a press conference later, he said the growth rate was achievable unless affected by a global crisis.
“We are a major trading nation. If there is no external demand, it will affect us.
“If external factors are positive, we can attain moderate positive growth,” he said.
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