Calculation for Shared Prosperity Vision 2030 GDP target wrong, says Najib

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Calculation for Shared Prosperity Vision 2030 GDP target wrong, says Najib
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Former PM says to achieve a GDP of RM3.4 trillion by 2030, the average GDP growth rate must be 7.36%, not 4.7% as outlined in the Shared Prosperity Vision 2030 booklet. FMTNews

Former prime minister Najib Razak says a fundamental mathematical calculation is wrong in this Shared Prosperity Vision 2030 booklet.

In a Facebook post, Najib, who is also a former finance minister, commented on the government’s GDP growth estimate to achieve a RM3.4 trillion GDP in 2030 — one of its key targets of the Shared Prosperity Vision 2030 road map. Najib said to hit the RM3.4 trillion mark between 2018, when the GDP stood at RM1.45 trillion, and 2030, the country needs to achieve an average growth rate of 7.36%, not 4.7%.

“You have a big event to announce a 10-year policy, invite journalists and make a mathematical mistake like this?”

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