Ant the beginning of the year, World Bank said we will grow 4.3% in 2017, then upgraded us to 4.9% in June. And now, further upgrade us to 5.2%.
The Govt must be doing something right despite oil prices still much lower compared to before.
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“Upward estimates reflect Malaysia as an open economy, so the favourable external environment has helped fuel Malaysia’s continued growth.
“Also policies within the country have helped spur domestic demand and public investments.
“These are all very positive things,” said Faris at a press conference to unveil the World Bank’s October 2017 edition of the East Asia and Pacific Economic Update here today.
LSS
http://m.themalaymailonline.com/malaysia/article/world-bank-revises-upwards-malaysias-2017-gdp-to-5.2pc