4-5% GDP growth still attainable for 2023 despite lower 3Q growth -- economist

KUALA LUMPUR: Interpacific Asset Management viewed the four to five per cent gross domestic product (GDP) target as remaining intact buoyed by the much better progress from the global front, especially in China, which could continue giving domino effect to Malaysia despite the slightly lower third-quarter (3Q) economic growth forecast for this year.

Chief economist and fund manager Datuk Dr Nazri Khan Adam Khan the target is within the range of Bank Negara Malaysia (BNM) target and is still attainable despite Malaysia’s GDP growth forecast of 2.9 per cent for the third quarter 2023.