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Breaking the wall of uncertainty: PM expresses confidence in nation amid Q2 5.8% GDP projection | Scoop
Prime Minister Datuk Seri Anwar Ibrahim has expressed his confidence in Malaysia’s economic growth after DoSM announced a 5.8% GDP projection for Q2 2024. – Azim Rahman/Scoop file pic, July 20, 2024
News

Breaking the wall of uncertainty: PM expresses confidence in nation amid Q2 5.8% GDP projection

Datuk Seri Anwar Ibrahim pledges to create better jobs, offer enhanced training, facilitate digital and energy transitions, among others

Scoop Reporters
Updated
11:41 AM MYT

 

KUALA LUMPUR – With an economic growth projection of 5.8% in the second quarter of 2024 (Q2 2024), Malaysia is set to rise as a formidable nation, said Prime Minister Datuk Seri Anwar Ibrahim today. 

In a Facebook post today, he said that under the Madani economy, the government has pledged to create better job opportunities, provide enhanced training, and facilitate technology transfer to drive the country towards digital and energy transitions. 

“Malaysia has broken the wall of uncertainty by extraordinarily achieving an impressive 5.8% growth in the second quarter of 2024, surpassing the expectations and projections of all parties involved. 

“I am confident that with our continued cooperation and focus on economic development, we will succeed,” he said. 

The Statistics Department has projected Malaysia’s gross domestic product (GDP) to grow by 5.8% in the second quarter of 2024, up from 4.2% in the previous quarter.  

This forecasted growth rate would be the highest since the second quarter of 2022, when it reached 7.4%. 

The prime minister also extended his gratitude to the people, workers, professionals, and investors who continue to support the direction of the Madani economy. 

“With utmost humility, I express my heartfelt thanks to the people, profound appreciation to both the public and private sectors, and deep gratitude to the professionals and investors who remain committed to the path of the Madani economy,” he said. – July 20, 2024 

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