Bank Negara retains 2023 GDP growth projection at 4-5%

KUALA LUMPUR: Bank Negara Malaysia (BNM) is still maintaining its forecast for the country's gross domestic product (GDP) growth this year at between 4.0 per cent and 5.0 per cent, said newly-appointed governor Datuk Abdul Rasheed Ghaffour.

Domestic demand remains resilient and improvements can be seen in the job market, which continue to support consumer spending, he said.