Qa'da 08, 1431, Oct 16, SPA -- Malaysia's government bolstered spending in its 2011 annual budget and unveiled a raft of mega projects including a 100-storey skyscraper to woo foreign investment as it forecast economic growth to moderate after a sharp expansion this year. Prime Minister Najib Razak on Friday unveiled a record 212 billion ringgit ($69 billion) of spending in the budget, up nearly 3 percent over 2010, as he sought to kick-start plans to turn Malaysia into a developed nation by 2020. The government raised its economic growth forecast this year to 7 percent from 5-6 percent but expects growth to ease to 5-6 percent in 2011 amid global economic uncertainties, according to a report of the Associated Press. --MORE
