Thursday, February 18, 2016

Najib promises US businessmen stability, certainty

As Prime Minister Datuk Seri Najib Razak rolled a red carpet for United States businessmen, he promised stability and certainty for those investing in Malaysia. "As businessmen you want stability and certainty. As prime minister, I will deliver stability and certainty for you," he told the captains of industry during a luncheon at a hotel in San Jose, Silicon Valley. He said the government is aiming for sound economic growth of between 5% and ^% annually and working towards achieving a balanced budget as well as prudent government financial management. "The government achieved a deficit budget of 3.2% last year compared to 6.9% in 2009. The trajectory is very good although the country is experiencing a very strong (global) economic headwind," he said. The country's stock market is stable and Malaysia has a lot of positive things, he pointed out. "We attend to your needs and we are a responsive government. "We believe in open economy, open trade and free trade. The more we can liberalise trade, the better prospects for the country's economy. "Malaysia is ready to welcome you and you will have a good future in Malaysia," he said. Najib said Malaysia needs to engage with the businessmen from Silicon Valley, the centre of technological development. – Bernama, February 18, 2016.]]>

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