Malaysia confident of avoiding recession in 2023 despite global headwinds, says Tengku Zafrul


GEORGE TOWN: Malaysia is confident of achieving positive growth and avoid a recession this year despite having to navigate through global headwinds.

Even though the country’s economic growth this year was projected to be moderate compared with 2022, International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said he was optimistic that Malaysia would not face a recession.

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Tengku Zafrul ,  GDP , Investment , E&E , Recession , Penang ,

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