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In the government’s goal to achieve a balanced budget by year 2020, we... - Najib Razak

In the government’s goal to achieve a balanced budget by year 2020, we…

By Tuesday June 17th, 2014 No Comments

In the government’s goal to achieve a balanced budget by year 2020, we have to diversify the government’s revenue to reduce our fiscal deficit to 3.5% this year. Sustainable spending is part of the government’s 10-year Economic Transformation Programme, which aims to turn Malaysia into a high-income economy by 2020. We are on track to become a high-income nation as our realised investments grew by five times since 2009. Before the government’s Economic Transformation Programme, realised investment stood at 3.1% and it has grown to 15.3% today. http://on.wsj.com/1nIdBaB



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