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NOTES

November 23, 1987

Prime Minister Datuk Seri Mahathir Mohamad said last week that Malaysia's economy was stronger than it had been in years, but he rebuked business leaders for investing in unproductive shares and currencies.

Malaysia, the world's biggest producer of rubber, palm oil and tin, is recovering from a bad recession that began two years ago when commodity prices slumped.

But Mahathir criticized business leaders for speculating in volatile stocks and currencies rather than investing in productive enterprises.

The government has forecast that real gross domestic product will grow 2% this year and 4% in 1988.

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