Jamaludin: M’sia can grow faster than 4.5% next year

MALAYSIA will grow faster next year than the 4.5% expected this year, said Second Finance Minister Datuk Dr Jamaludin Jarjis. This is in view of the more optimistic gross domestic product (GDP) growth outlook for the Asian region this year of between 4.3% and 4.9% by the Asian Development Bank (ADB), which exceeded original projections. 

The government’s forecast growth of 4.5% for this year, meanwhile, “will be achieved”, he said, echoing Prime Minister Datuk Seri Dr Mahathir Mohamad’s recent statements that Malaysia’s growth rate was on track.