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Focus Paper

A Critique of the ETP (Part 2): We would not really be twice as rich in 2020

By limei | Published: January 25, 2012

The first ‘D’ in DEEDS is for data. It is also the score PEMANDU gets for figures that “do not compute”.

Behind the dazzling promises and public relations rhetoric surrounding the Economic Transformation Plan (ETP) is data that is dodgy. Some key numbers are not announced, and where numbers were revealed, they do not tally.

REFSA is perplexed at the inability of the highly-paid team at PEMANDU and its costly consultants to get basic mathematics right.

Can we trust a “roadmap” to economic transformation that is marked by inconsistent data and vague directions?

Read our Focus Paper here on why we give PEMANDU and the ETP a ‘D’ for  data transparency, and how its target to double gross national income by 2020 is neither real not transformational.

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