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Pragmatic and dynamic economic policies are expected to help steer The global backdrop is not as pleasing as the domestic economy would The Government however, is bullish that its pragmatic management of the The private sector will continue to lead in expanding the economy, while On its part, the Government will seek balanced growth across the board. No section of society is expected to be left out as the Government Technology and knowledge will form the backbone in Prime Minister Datuk Malaysians can expect more programmes and projects in technology and With the encouraging prospects, nominal gross national product per And reflecting improvements in the people\u2019s well being, per capital From such efforts, the Government anticipates business sentiment to Money will continue to be invested in the manufacturing sector as the Agriculture is expected to become an increasingly attractive investment In the services sector, recent advancements in technology, especially in Oil and gas will remain a lucrative sector, given the persistently high
\nMalaysia through anticipated prolonged uncertainties in the global economy.
\nprefer it to be, what with crude oil expected to remain pricey and lasting
\npeace still elusive in the Middle East.
\neconomy will expand gross domestic product (GDP) by 6 percent next year, a
\nlight increase from the 5.8 percent year on year expansion forecast for 2006.
\nthe Government formulates economic diversification policies, promotes new
\nsources of growth and creates an environment conducive for doing business for
\nboth domestic and foreign investors.
\nIt wants to improve the government machinery and all services, and enhance
\nprofitability and competitiveness of manufacturers and exporters as well as the
\nlivelihood of the general population.
\ncontinues to seek ways to narrow socio-economic disparities between the urban
\nand rural folk, Priority will be given to reducing hardcore poverty and
\nimproving access to basic needs.
\nSeri Abdullah Ahmad Badawi\u2019s administration\u2019s efforts to seek new sources of
\ngrowth and wealth.
\nknowledge-intensive sectors, especially in information and communications
\ntechnology, biotechnology and skills-based services.
\ncapita is projected to rise to 7.2 percent to reach RM 21,168 in 2007, from RM
\n19,739 anticipated for this year.
\nincome in terms of purchasing power parity is forecast to increase by 6.7
\npercent to US$ 12,666 (RM 46,611) next year.
\nstrengthen next year. It has forecast a strong 10.5 percent growth in private
\ninvestment expenditure.
\nGovernment seeks to deepen and diversify it through promoting production of
\nhigh value-added products.
\nproposition, in line with the Government\u2019s efforts to revitalise the sector
\nthrough modern farming and farm management methods.
\ntelecommunications, banking and finance as well as trade and logistics, will
\nensure that investment in the sector will continue to expand next year.
\ncrude oil prices and the ever-increasing global demand and tight supply.
\nInvestment in the sector is expected to accelerate in 2007.