ACCOUNTING body CPA Australia expects the Malaysian economy to grow between 4.5% and 4.8% up to 2006 as the country needs time to transform local small and medium enterprises (SMEs) into its next engine of growth.
According to CPA Malaysia division councillor Lim Lai Seng, the forecast figure was considered “very prudent,” as it took into account the government's goal of maintaining a balanced budget in the next few years.
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