MALAYSIA’S small and medium enterprises (SME) sector is expected to contribute 40% to the country’s gross domestic product (GDP) next year.
Finance Deputy Minister Datuk Amiruddin Hamzah says the target was viable given the 37.8% achieved by the sector in 2017 and 38.3%, last year.
“In 2017, SMEs contributed RM491.2bil to the country’s GDP and RM521.7bil in 2018. Therefore the target is seen to be achievable despite the global economic downturn.
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