- highest 27-year inflation rate occuring in June 2008 at 7.7%
- GDP is downtrending with constant downward revisions very month (now at 4.6%)
Historically Malaysia achieved very high GDP rates from 1988 to 1996, in excess of 9%, hitting 10% in 1996. Those were the greatest Mahathir years. During Mahathir's tenure as PM, the only years when Malaysia hit a technical negative growth was in 1985 and 1998- and those were also the years of global economic recession.
This year's budget must prop up the economy ie expansionary, by the adopting the following measures:
Deficit 2009 budget yes, but what's the source of funding it?