Budget 2010: 1 Malaysia

Prime Minister Datuk Seri Najib Tun Razak has tabled Budget 2010 with the theme "1Malaysia, Together We Prosper". Totalling RM191.5 bil, he said it would be the foundation of a new economic model and precursor to the 10th Malaysia Plan.

These are the main highlights of the speech as per delivery.

* Time for country to move to an economy of innovations to face the challenges of the future

* GDP for 2009 expected to be -3%, better than previous projections of -4% to -5%

* focus of Budget 2010 will be on well-being of the people

* Three strategies:

- driving the country towards a high-income economy,

- ensuring holistic and sustainable development,

- focusing on the well-being of the rakyat.



Refer source: http://thestar.com.my/news/story.asp?file=/2009/10/23/budget2010/20091023161104&sec=budget2010