Bank Negara sticks with Malaysia growth target

Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz

WASHINGTON: Malaysia will meet its economic expansion target even as risks to global growth mount and greater volatility may persist in capital flows, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said.

Price pressures are “quite contained” due to lower fuel and commodity costs and slightly slower demand, Zeti said in an interview here last Saturday. Until there is more clarity to the growth and inflation outlook, the current monetary stance remains accommodative and supportive, she said.