Thursday, February 25, 2010

Country has bounced back from economic crisis, says Najib

Sentuhan Bayu : Is this for real? Really ??? For all I know, all of us (the rakyat) are still struggling & drowning. The worst is not over yet for most of us.

PUTRAJAYA: The country has recovered from the economic crisis, Prime Minister Datuk Seri Najib Tun Razak said.

He said the gross domestic product grew by 4.5% in the fourth quarter of last year, a better result than expected.
He added that the economy was expected to see strong growth this year. Asked if the worst was over for the Malaysian economy, Najib said: “Yes.”
The other developments yesterday were:
> The economy contracted by 1.7% for the whole of last year but this was also lower than the projected 3% contraction.
> The construction sector grew at the fastest pace in the fourth quarter, followed by the agricultural sector.
> The news came as a surprise for economists who were expecting an average growth of 3.2% for Q4 of 2009.

To read more, click here
Related Posts Plugin for WordPress, Blogger...
Related Posts with Thumbnails