Any review of GDP forecast will be made in Budget 2025, says Rafizi


PUTRAJAYA: Any review of the gross domestic product (GDP) forecast will be included in Budget 2025, says Economy Minister Rafizi Ramli.

He added, however, that he is not aware of any plan for a review.

“It has not been discussed.

“Whatever forecast (review) will be included in the Budget, since it is almost August,” he said at the launch of the Economic Census 2023 here on Monday (July 29).

ALSO READ: Robust GDP growth for Malaysia on track - Stronger-than-expected advance figures in 2Q

He was asked if the government would review the GDP forecast given better estimates for the second quarter of this year.

In March, Bank Negara projected between 4% and 5% GDP growth for Malaysia this year.

Last week, the Statistics Department estimated that Malaysia’s economy would expand by 5.8% in the second quarter, up from 4.2% in the first.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Those guilty of corruption should be declared bankrupt, says Azam Baki
Wanita MCA ramps up preparing women candidates for next GE
Singapore and Malaysia will jointly study optimal air traffic management
Landslide damages eight houses in Gombak village following heavy rain
Papa concerned over foreign worker quota applications
Samenta says no to mandatory job vacancy reporting, calls on govt to use opt-in system
PERKESO plans to exempt SMEs from mandatory job vacancy reporting, says Steven SIm
Building educators of tomorrow and beyond
Cabinet briefed on monsoon readiness as flood victims drop below 3,200
Coroner adjourns Zara Qairina inquest, warns public against commenting on proceedings

Others Also Read