Are 11MP’s projections not too optimistic?
By Lim Kim-Hwa
July 2015 UTTER ECONOMICS
With factors such as a creeping debt service cost and tepid investors, can Malaysia achieve Vision 2020 at the end of the 11th Malaysia Plan? The 11th Malaysia Plan (11MP) is the last five-year development strategy for Malaysia to achieve developed country status by 2020. It projects a GDP growth rate of five per cent to six per cent over the next five years, which is somewhat better compared to the annual growth rate of 5.3% under the 10th Malaysia Plan.The direction...
Lim Kim-Hwa
is Chief Executive Officer of Penang Institute
