Govt vigilant of external factors affecting Malaysian economy, says Anwar


KUALA LUMPUR: Malaysia continuously assesses the impact of external factors on the economy, says Datuk Seri Anwar Ibrahim.

The Prime Minister said the government is mindful of geopolitical risks and other international factors impacting the Malaysian economy and will assess the situation from time to time.

"Now we are on track to achieve economic growth," he told reporters on the sidelines of the Malaysia Commercialisation Year 2024 Summit here on Monday (Aug 12).

Anwar was responding to a question about whether external factors, including the recent Japanese 7.1 magnitude earthquake and the ongoing Russia-Ukraine war, could impact the Malaysian economy.

In May, the Finance Ministry said the government is optimistic that Malaysia’s gross domestic product is well placed to expand within the official forecast range of 4.0% to 5.0% in 2024, driven by higher-than-expected growth in the first quarter of 2024 at 4.2%. – Bernama

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

Next In Nation

Kind hearts and curry puffs: FB helps teacher reunite with ex-pupil at long last
Meaningful programmes, processions enliven Maulidur Rasul celebrations
Senator volunteers to join any task force formed to investigate death of specialist
No decision yet on postponing PKR polls till after GE16, says Fuziah
Three deaths recorded in accidents involving RXZ Members 6.0 participants
Putrajaya must divulge revenue from Sabah, says Bersatu
S'wak Mufti Kipli Yassin honoured with national Anugerah Perdana Maulidur Rasul
Shifts in monsoon season pattern, intensity complicate flood management
Dozens of M'sian holiday-goers unable to enter Thailand due to unresolved passport, tax issues
Halal certification report to be presented to Cabinet on Sept 18, says Mohd Na'im

Others Also Read