Malaysia's GDP has to reach 8.0% to achieve Shared Prosperity Vision — MIER

Malaysia's GDP has to reach 8.0% to achieve Shared Prosperity Vision — MIER

The Edge Markets - Malaysia·2019-10-03 15:58

KUALA LUMPUR (Oct 3): Malaysia has to reach economic growth of 8.0% in order to attain the Shared Prosperity Vision 2030, the Malaysian Institute of Economic Research (MIER) said.

Its chairman, Tan Sri Kamal Salih said according to his calculations, the gross domestic product (GDP) growth rate has to be somewhere between 6.0% and 8.0% and it could not be at between 4.0% and 5.0%.

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