Malaysia needs to look at new ways of doing things

AS the Economic Transformation Programme finishes its third year, it is an appropriate time to reflect upon how things have progressed, what has been achieved and how the programme will change as we move forward.

Let me first look back over the last three years. There are major achievements we have made over the last three years from 2010. Gross national income or GNI per capita between 2009 and 2012 has increased by 49% from US$6,700 [1] in 2009 (SNA 1993) to US$9,928 in 2012 (SNA 2008) and keeps us on track to reach our goal of achieving developed status by 2020, which is a per capita income of US$15,000 achieved with inclusiveness and sustainability.