PETALING JAYA: The country's gross domestic product (GDP) growth is expected to grow 5% on a year-on-year basis with domestic demand, in the form of private consumption and investment, to support growth in the quarters ahead despite lower exports and external uncertainties.
AmResearch Sdn Bhd director of economic research Manokaran Mottain said in a report that a 5% growth would be sustainable supported by the implementation of the Economic Transformation Programme (ETP) projects that had been announced last year as well as a further roll-out of new projects identified for this year.
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