GDP has to reach 8% to achieve shared prosperity vision, MIER says

MIER chairman Tan Sri Kamal Salih

KUALA LUMPUR: Malaysia has to reach economic growth of 8.0 per cent in order to attain the Shared Prosperity Vision 2030, the Malaysian Institute of Economic Research (MIER) said.

Its chairman, Tan Sri Kamal Salih said according to his calculations, the gross domestic product (GDP) growth rate has to be somewhere between 6.0 and 8.0 per cent and it could not be at between 4.0 and 5.0 per cent.