KUALA LUMPUR, Aug 1 (Bernama) -- The Malaysian economy is set to
continue to expand in 2013 and 2014 albeit with a slight moderation in
growth, said Prime Minister Datuk Seri Najib Tun Razak.
Source from (The Star Online): http://www.thestar.com.my/Business/Business-News/2013/08/01/PM-says-Malaysian-economy-to-grow.aspx
Published: August 01, 2013
Source from (The Sun Daily): http://www.thesundaily.my/news/786257
Published: August 01, 2013
Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=967616
Published: August 01, 2013
He said domestic demand will continue to anchor growth amid the
continued moderation in external demand, with the growth to be mainly
driven by the private sector and supported by the public sector.
"There are however risks to growth, especially from the external
environment," he said in a press conference after attending Bank Negara
Malaysia's (BNM) board briefing here Thursday.
Najib said global growth is expected to continue to remain modest as
growth in the major advanced economies will still be affected by the
ongoing structural adjustments and policy uncertainty.
He said Malaysia could face increased volatility in the financial
markets as these major economies are calibrating their policies.
"Given this challenging environment, BNM has put forward a number of
proposals to strengthen our economic resilience and to accelerate our
economic transformation agenda to become a high value-added and
high-income economy," he said.
In addition, Najib said the government is committed to strengthening the country's macro and fiscal position.
"We have put in place a fiscal committee, we are looking at some
challenges and all these will be addressed shortly, particularly in the
forthcoming budget," he said.
-- BERNAMA
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