Zafrul: Economy in the right direction

Tengku Zafrul: "What we need to focus on now is to be more targeted in subsidies"

KUALA LUMPUR: Malaysia’s economy is heading towards the right direction despite the challenging environment, especially with the expectation of a higher inflation rate, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

He said however, with the strong gross domestic product growth of 5% in the first quarter of 2022, which was above expectation, inflation remained comparatively low.