out a review of the vision. The NEAC is expected to publish its report by end 2009, with a second report on implementation 6 months after that. Najib also said that in order for Malaysia to achieve a developed nation status by 2020, the country has to grow at an annual rate of 8% over the next 10 years. He cited that a lower hypothetical growth of 6% per annum would delay Malaysia's vision to become a developed country by 10 years to 2030. Malaysia’s GDP growth rate averaged 7.2% per annum in the 1990s, and slowed to 5.4% per annum in the following decade. Just before the downfall of BN federal government in the 2018 general election (GE14), Najib had launched the National Transformation 2050 or Transformasi Nasional 2050 (TN50) initiative, where by 2050 Malaysia will be "a nation of calibre, with a new mindset". The TN50 was allegedly initiated by Najib to undermine Mahathir Mohamad's Wawasan 2020 legacy. The TN50 had somehow fallen through and was officially dismantled with some aspirations maintained by the Pakatan Harapan (PH)'s Malaysia Baharu government after the GE14. Outcome In 2020, Mahathir Mohamad, the prime minister of Malaysia after Pakatan Harapan coalition came to power in 2018, officially announced the failure of the vision to achieve the status of developed nation. Although Wawasan 2020 did not fully achieve its objectives, Mahathir argued that other aspects of the vision had been achieved such that Malaysia has become more prosperous and with better infrastructure. See also Shared Prosperity Vision 2030 National Transformation 2050 References and sources External links Wawasan 2020 website Malaysia Prime Minister’s Office Malaysia Economic Planning Unit website Google Video, Mahathir's speech. Wawasan 2020 song, The Wawasan 2020 audio file on RTM's radio site. Public policy in Malaysia Malaysian brands Malaysian political slogans Society of Malaysia Social history of Malaysia Economy of Malaysia 2020 in Malaysia Malaysia