GDP forecast intact

PETALING JAYA: Malaysia is poised to hit its targeted gross domestic product (GDP) growth forecast of between 5.5% and 6.5% this year despite pressures from the ongoing war between Ukraine and Russia, says Minister in the Prime Minister’s Department Datuk Seri Mustapa Mohamad (pic).

He said recent economic indicators suggested that growth would be driven by robust external trade and net inflows of foreign investments, as well as more resilient private consumption growth.