Azmin: Signs of economic recovery seen in 2Q

Senior Minister and Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali: "This year, we are seeing signs of recovery in Q2 as trade performance and foreign direct investment are coming in".

NIBONG TEBAL: The government is awaiting the gross domestic product (GDP) performance for the second quarter of 2021 (Q2) before deciding whether to revise its target of between 6.0 per cent and 7.5 per cent growth this year, as the economy is seeing signs of recovery in the current quarter.

Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said Bank Negara Malaysia (BNM) and the Finance Ministry were currently looking at the details of the Q2 performance, given the ongoing total lockdown would have some effects on the economy.