Healthy GDP paves way for reform initiatives

PETALING JAYA: Prime Minister Datuk Seri Anwar Ibrahim and his Cabinet should find it easier to roll out reforms this year after the Malaysian economy outperformed analysts’ growth forecasts in the first quarter.

Supported by the country’s “healthy” growth momentum, reform initiatives such as fuel subsidy rationalisation would likely proceed as planned, said CGS International Research (CGSI Research) economists Nazmi Idrus and Mas Aida Che Mansor.