Updated: 12 Jan 2pm
Lucky 13: Before I forgot, there's this piece about Bloomberg putting us in the 13th spot of a world ranking on GDP growth (projected) fro 2016: Bloomberg forecasts Malaysia to have among the highest GDP growth in 2016
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Original article
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Bloomberg's GDP in 2016
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Lucky 13: Before I forgot, there's this piece about Bloomberg putting us in the 13th spot of a world ranking on GDP growth (projected) fro 2016: Bloomberg forecasts Malaysia to have among the highest GDP growth in 2016
Scroll down for Table
Original article
“It’s not a downgrade. The rating remains at A3 ... it’s more of the revision in outlook from positive to stable and that’s to take into account the slowing growth in China and the continuate drop in the commodity prices and in particular, the oil prices.” - Abdul Wahid Omar
KL, 12 Jan:
Funny how some Malaysians rub their hands in glee over the slightest "negative" news they hear on their own country.
Funny how some Malaysians rub their hands in glee over the slightest "negative" news they hear on their own country.
Every crisis is an opporunity for this lot. It's a chance to heap blame on the Government of the day, to "prove" to their followers how incompetent the Prime Minister is, how corrupt everybody (else) is, how poor governance is, etc.
Fortunately, not that many Malaysians are idiots. And we have someone like Abdul Wahid Omar, the Minister in the Prime Minister's Department, who is clearly cleverer than the nay-sayers and hand-rubbers.
Read Bujai's latest posting h e r e to learn why the latest Moody's ratings on Malaysia is NOT a downgrade.
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| Rafizi prefers "downgrade" |
Bloomberg's GDP in 2016
