Thursday, February 17, 2011

PM: GDP growth exceeded 6pct in 2010

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has hinted that the country's gross domestic product (GDP) growth for 2010 may have exceeded 6%.

However, he said the official GDP figures would be announced on Friday, Feb 18.

"Tomorrow' the announcement will be made tomorrow," he told reporters after officiating a programme to enhance Dewan Negara's activities at Parliament House here on Thursday.

Asked if Malaysia was capable of recording double-digit growth in future, Najib, who is also Finance Minister, said:

"No, we cannot. Because you must remember that the Malaysian economy is much bigger than it was 20 years ago.

"As we approach to become a matured economy, we cannot get double-digit (growth) but we can get reasonably high. And, I think 6% is considered a very creditable performance.

"We have to be realistic. No developed nation can achieve double-digit." - Bernama

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