Higher GDP, FDI point towards economic recovery in 2022

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz

GEORGE TOWN: The growing momentum of gross domestic product (GDP) and foreign direct investment (FDI) registered in 2021 are pointing towards an economic recovery year for Malaysia this year.

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the government is quite optimistic that the worst is over for Malaysia after recording 3.1 per cent GDP and RM50 billion worth of FDI in 2021 compared with -5.6 per cent and RM14.6 billion FDI in 2020.