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Sunday, February 12, 2012

Government Confident Economy Expands Over 5 Per Cent

20 Rabiulawal 1433

IPOH, Feb 12 , 2012- The government is confident that the country's economy will grow more than five percent this year as targeted, Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said.

He said the effectivesness and success of the Government Transformation Plan (GTP) and the Economic Transformation Plan (ETP) would surely help expand the Malaysian economy.

"Basically, we are confident that the country's economic expansion is on the right track and the expansion also may exced the five percent target," he told reporters when meeting villagers at Kampung Tengku Hussien Hujung here.

He said the success of the GTP and ETP and its role in the country's economic expansion had been discussed during a workshop chaired by Prime Minister Datuk Seri Najib Tun Razak and attended by Cabinet ministers on Thursday.

"The workshop was also attended by an international panel comprising economic experts appointed by the government to check and balance the plans implemented," he said.

Ahmad Husni said Malaysia was the only country that had in place various action plans to overcome economic crises.

He said all plans that were drawn up based on the Key Performance Index also contributed to the country's economic expansion because through it, performance could be assessed based on facts.

Source- BERNAMA

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