{"id":3760,"date":"2012-09-01T00:56:08","date_gmt":"2012-08-31T16:56:08","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=3760"},"modified":"2024-11-01T11:06:54","modified_gmt":"2024-11-01T03:06:54","slug":"budget-2013-focus-on-economic-growth","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/budget-2013-focus-on-economic-growth\/","title":{"rendered":"Budget 2013: Focus On Economic Growth"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.nbc.com.my\/blog\/budget-2013-focus-on-economic-growth\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-4057\" title=\"Tan Sri Nor Mohamed Yakcop\" src=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop.jpg\" alt=\"Budget 2013 Malaysia\" width=\"251\" height=\"201\" srcset=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop.jpg 251w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop-105x84.jpg 105w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop-124x100.jpg 124w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop-24x19.jpg 24w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop-36x28.jpg 36w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/09\/Tan-Sri-Nor-Mohamed-Yakcop-48x38.jpg 48w\" sizes=\"(max-width: 251px) 100vw, 251px\" \/><\/a>Minister in the Prime Minister&#8217;s Department Tan Sri Nor Mohamed Yakcop<\/strong> says Budget 2013 will focus on the people&#8217;s prosperity and the country&#8217;s economic growth to face the short- and long-term economic challenge besides maintaining the existing fiscal policy.<\/p>\n<p>He said the two focus areas form the bases of the economic policy practised since the time Malaysia began to abandon the free market principles introduced by the British colonial rulers.\u00a0<!--more--><\/p>\n<p>&#8220;The free market economy has brought social consequences, so since the 1970s Malaysia has practised a new philosophy that focuses on economic growth but at the same time also promotes social justice.<\/p>\n<div style=\"display: block; float: right; margin: 8px 8px 8px 8px;\"><script type=\"text\/javascript\">\/\/ <![CDATA[\ngoogle_ad_client = \"ca-pub-0977930978369856\"; \/* NBC Blog Content 300x250 *\/ google_ad_slot = \"6941255881\"; google_ad_width = 300; google_ad_height = 250;\n\/\/ ]]><\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\/\/ <![CDATA[\n\/\/ ]]><\/script><\/div>\n<p>&#8220;We already have our own fiscal policy, which is a factor in Malaysia&#8217;s success at international level,&#8221; he told reporters after officially launching the Sekolah Kebangsaan Telok Ayer Tawar library here today.<\/p>\n<p>He made the remarks after being asked to comment on the Budget 2013 to be tabled on Sept 28 and the announcement of Malaysia&#8217;s economic growth at 5.1 per cent for the first quarter and 5.4 per cent for the second quarter of 2012.<\/p>\n<p>&#8220;For economic growth, we focus on the quality and quantity of the growth with the aim of maintaining a high growth rate and so that the benefits can be enjoyed by all the people. &#8220;This situation can indirectly promote social justice to ensure a comfortable living standard for the people,&#8221; he said.<\/p>\n<p>At the function, Percetakan Nasional Malaysia Bhd (PNMB) contributed RM150,000 towards the cost of modifying the library, furniture and acquisition of 1,000 books.<\/p>\n<p>The library, a PNMB corporate social responsibility project, was completed on Aug 15. The school was chosen for its distance from town and for its inadequately equipped library. \u2013 <em>Bernama<\/em><\/p>\n<p>Source: <a href=\"http:\/\/www.thesundaily.my\/news\/474012\">The Sun Daily<\/a><a href=\"https:\/\/www.nbc.com.my\/blog\/budget-2013-focus-on-economic-growth\/1198416_business\/\" rel=\"attachment wp-att-3762\"><br \/>\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister in the Prime Minister&#8217;s Department Tan Sri Nor Mohamed Yakcop says Budget 2013 will focus on the people&#8217;s prosperity and the country&#8217;s economic growth to face the short- and long-term economic challenge besides maintaining the existing fiscal policy. He said the two focus areas form the bases of the economic policy practised since the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4057,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[162],"tags":[140],"class_list":["post-3760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-malaysia-tax-budget","tag-budget-2013-malaysia"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/3760"}],"collection":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=3760"}],"version-history":[{"count":1,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/3760\/revisions"}],"predecessor-version":[{"id":6594,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/3760\/revisions\/6594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media\/4057"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=3760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=3760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=3760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}