(MENAFN) Malaysian Prime Minister said that the country's gross domestic product (GDP) is expected to expand 4-5% in 2017, from this year's 4-4.5%.
Also, he said that the government's revenues on oil and gas have been reduced from 41.3% in 2009 to 14.6% of the total in 2016.
He additionally confirmed: "As a result of further diversification of our economy, the growth has been resilient and sustained despite the recent decline in oil prices by almost 50%."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.