Minister: No plans to raise GDP forecast for now


KUALA LUMPUR: The government has no plans to raise its growth forecast of the Malaysian economy at this juncture despite the optimism following a stronger-than-expected performance in the first quarter of 2017.

According to Second Finance Minister Datuk Seri Johari Abdul Ghani, it is still too early to consider the robust first-quarter gross domestic product (GDP) growth as an indication to revise upwards the official forecast of the country’s growth, as the trend is merely reflective of global trends.

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Business , bnm , microfinance , economy , johari

   

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