ETP registered RM830bil in GNI in 2011

KUALA LUMPUR: The Economic Transformation Programme(ETP)achieved very encouraging progress last year, registering RM830bil in Gross National Income , which was above the target of RM797bil.
Deputy Minister in the Prime Minister’s Department Datuk S.K. Devamanisaid the private sector investment also touched RM94bil from the envisaged RM83bil.
He told the Dewan Rakyat on Monday said Malaysia’s economy also grew at a healthy level in the first quarter of this year at 4.7%.
“Malaysia’s economy grew at a healthy level in the first quarter as compared with countries like Singapore (1.4%), South Korea (2.8%), Taiwan and Hong Kong (both at 0.4%),” he said when replying to Datuk Seri Tiong King Sing (BN-Bintulu) during question time.
Tiong had queried on the ETP‘s performance thus far in ensuring the people enjoyed economic stability and whether the country’s economy remained competitive in the global economy despite the lingering uncertainties. – Bernama

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