Strong 8.7% GDP growth for 2022 shows restored confidence in national economy: Anwar


Prime Minister Datuk Seri Anwar Ibrahim

KUALA LUMPUR: The strong Gross Domestic Product (GDP) growth of 8.7 per cent for 2022 shows the recovery of consumer, business and investor confidence in the national economy, said Prime Minister Datuk Seri Anwar Ibrahim who is also Finance Minister.

Malaysia’s economy recorded an encouraging performance with the GDP for 2022 recording 8.7 per cent, exceeding the estimate of 6.5 per cent - 7.0 per cent made in October 2022.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

UOA Development 2Q net profit increases to RM95.59mil, revenue rises to RM221.2mil
PMW International secures additional RM19.3mil TNB contract
CBH Engineering bags RM60mil data centre contract
Samaiden 4Q net profit more than doubles, declares 1 sen dividend
PETRONAS Gas 2Q net profit rises to RM453.3mil
Southern Cable upbeat on prospects, backed by RM1.36bil order book
MN Holdings FY26 net profit nearly doubles to RM92.1mil
Keyfield International acquires mega dredger for RM99.7mil
QL Resources' 1Q net profit rises to RM100.7mil
PPB Group's net profit jumps to RM338.08mil in 2Q, revenue slips to RM1.3bil

Others Also Read