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Government maintains 2011 and 2012 GDP forecast, says Najib
by hlk Wed 21 Dec 2011, 19:02
Larger Smaller Reset KUALA LUMPUR (Dec 21): The government is
maintaining its 2011 and 2012 gross domestic product (GDP) growth
forecast despite the prospect of weaker external trade, said Prime
Minister Datuk Seri Najib Tun Razak
He said the country's GDP
growth forecast for 2011 still stood between 5% and 5.5% while 2012
figures were maintained at 5%, helped by strong domestic demand.
'We are still committed to 5% in 2012 barring any catastrophic events,'
he said after officiating the launch of the Financial Sector Blueprint
on Wednesday.
Najib said domestic demand would be spurred by
government development expenditure, private investments and foreign
direct investments.
maintaining its 2011 and 2012 gross domestic product (GDP) growth
forecast despite the prospect of weaker external trade, said Prime
Minister Datuk Seri Najib Tun Razak
He said the country's GDP
growth forecast for 2011 still stood between 5% and 5.5% while 2012
figures were maintained at 5%, helped by strong domestic demand.
'We are still committed to 5% in 2012 barring any catastrophic events,'
he said after officiating the launch of the Financial Sector Blueprint
on Wednesday.
Najib said domestic demand would be spurred by
government development expenditure, private investments and foreign
direct investments.
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