'In terms of GDP growth, one Najib equals to two Dr M'KUALA LUMPUR: Malaysia’s gross domestic product (GDP) growth during Datuk Seri Najib Razak’s eight years as prime minister is equivalent to two of Tun Dr Mahathir Mohamad’s 22-year stint as leader, Barisan Nasional strategic communications director Eric See-To said today. He said the nominal GDP stood at RM705.4 billion when Najib took over in 2009 and was on track to hit RM1.3 trillion, which was RM605 billion more than the beginning of his tenure as prime minister. “For comparison, the total GDP in 2003 when Dr Mahathir resigned as prime minister was RM371.7 billion. “In other words, (in) the past eight years under Najib, just the nominal growth of our economy is almost equivalent to the total size of two Dr Mahathir-era Malaysia,” See-To said. “Since then, as our economy continues to grow at a good pace, the debt-to-GDP ratio has continued to drop.
Source: New Strait Times December 10, 2017 09:56 UTC