Past growth drivers not enough to carry M'sia past high-income threshold - Mustapa

The factor-driven growth that has served the country well in the past to bring it on the cusp of attaining high-income status is not enough to carry the nation past the high-income threshold, said Minister in the Prime Minister’s Department (Economy) Mustapa Mohamed.

He said this factor-driven growth is becoming more costly to sustain, with every unit of input injected into the economy yielding less gross domestic product growth compared to the past...