Wednesday, March 9, 2011

#Flash* PM: Malaysian economy to grow 5pct to 6pct in 2011

KUALA LUMPUR: The Malaysian economy is expected to grow between 5% and 6% in 2011 with key drivers being the Economic Transformation Programme and ensuring domestic demand grows steadily, said Prime Minister Datuk Seri Najib Razak.

However, the key risks to this would be rising oil and commodity prices, as well as slower global economic growth and rising inflation, he said on Wednesday, March 9.

"We may also have some policy measures to consider with regard to inflation rates and food prices as these would impact households," he said.

Najib, who is also Finance Minister, was speaking to reporters after the annual briefing by Bank Negara Malaysia (BNM) here.

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