The uncertainties sweeping through the global economy have certainly taken a toll on export-reliant economies such as Malaysia's, where volatile external demand has affected overseas shipments, which in turn has impacted economic growth.
This was clearly seen when the central bank released data on the first quarter gross domestic product (GDP) growth numbers on Wednesday, which showed the economy expanding 4.7% year-on-year in the first quarter of 2012 mainly due to the support provided by domestic activities.
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