Malaysia's Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz, highlighted the country's economic recovery with 3% GDP growth in Q1 2022 and unemployment at 3.9%, supported by robust trade performance. However, he cautioned against risks including rising global inflation, disrupted supply chains from the Russia-Ukraine conflict, and a slowing global economy. Despite the IMF lowering Malaysia's growth forecast to 5.1%, Zafrul remains optimistic about achieving official projections of 5.3%-6.3%.RISK AND CHALLENGES TO M’SIA’S RECOVERY: ZAFRUL
Malaysia's Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz, highlighted the country's economic recovery with 3% GDP growth in Q1 2022 and unemployment at 3.9%, supported by robust trade performance. However, he cautioned against risks including rising global inflation, disrupted supply chains from the Russia-Ukraine conflict, and a slowing global economy. Despite the IMF lowering Malaysia's growth forecast to 5.1%, Zafrul remains optimistic about achieving official projections of 5.3%-6.3%.
