KUALA LUMPUR: Malaysia's economy grew 7.6% in the first quarter of 2004 – faster than at any time during the past three years – helped by stronger demand for Malaysian exports like electronics, and higher spending by local consumers.
The growth rate, that exceeds the preceding quarter’s 6.6% gross domestic product (GDP) growth rate by a significant margin, puts the country on track to achieving the Government’s GDP growth target of between 6% and 6.5% this year.
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