Malaysia outperforms 2024 GDP and fiscal deficit targets


Prime Minister Datuk Seri Anwar Ibrahim - Bernama

KUALA LUMPUR: Malaysia’s gross domestic product jumped to 5.1% in 2024 (2023: 3.6%), exceeding the government’s 4%-5% forecast, while the fiscal deficit narrowed to 4.1%, outperforming the 4.3% target.

The Finance Ministry, in a statement, said this achievement reflects the Madani Government’s confidence and determination to turn around the Malaysian economy, driven by clear and progressive policies introduced since 2023 under the Ekonomi Madani framework and supported by political stability.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GDP , Fiscal deficit , Anwar Ibrahim

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read