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A Leap of Faith (Malaysia Strategy)

A Leap of Faith (Malaysia Strategy)

A Leap of Faith (Malaysia Strategy)

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NajibnomicsNajib’s approval rating at all-time highFiscal budget deficit to be reduced by 2.8% by 15F8070(%)6568728.07.0(%)7.06050403044566.05.04.03.05.24.44.23.53.74.95.65.43.83.33.02.8202.0101.00Apr 09 Jun 09 Sep 09 Apr 10 Jun 100.02003 2004 2005 2006 2007 2008 2009 2010E 2011F 2012F 2013F 2014F 2015FDevelopment budget under the <strong>Malaysia</strong> Plans500450400350300250200150100500(RMbn)5MP 6MP 7MP 8MP 9MP 10MPSource: Merdeka Centre, EPUPFIPFISupportFund©2010 CLSA Asia-Pacific Markets (“CLSA”).IMPORTANT: The content <strong>of</strong> this report is subject to CLSA's Legal and Regulatory Notices as set out at www.clsa.com/disclaimer.html, a hard copy <strong>of</strong> which maybe obtained on request from CLSA Publications or CLSA Compliance Group, 18/F, One Pacific Place, 88 Queensway, Hong Kong, telephone (852) 2600 8888.Page 16

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