MoF: Increase in Fitch GDP growth projection due to steady rise in FDI | Malay Mail

📆 8/20/2019 12:32 PM
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MoF: Increase in Fitch GDP growth projection due to steady rise in FDI

Finance minister Lim Guan Eng said Putrajaya expected Malaysia’s GDP to expand 4.5 to 5 per cent. — File picture by Yusof Mat Isa

“The International Investment Position document published by the Department of Statistics Malaysia shows that total stock of foreign direct investment in Malaysia rose by 10.3 per cent to RM667.5 billion in the second quarter of 2019, from RM605.1 billion a year ago. He said the 4.9 per cent quarterly growth was better than market expectations of 4.7 per cent, as compiled by Bloomberg.

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