Growth trajectory for 2022 intact

“The global economy is expected to grow at 1.25% to 1.5% with many advanced nations witnessing zero or slow growth due to economic fear and despondency among the people,” said Juwai IQI global chief economist Shan Saeed

PETALING JAYA: The potential deferment of some major investments and spending decisions by both the government and corporations following the dissolution of Parliament to pave way for the 15th General Election (GE15) will not significantly impact the country’s economic growth trajectory this year, say economists.

However, they expect the outcome of the GE15 to change the economic growth forecasts for 2023 and beyond due to downside risk factors.