Deputy finance minister: Govt optimistic about achieving 4.8pc GDP growth in 2020 | Malay Mail

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Deputy finance minister: Govt optimistic about achieving 4.8pc GDP growth in 2020

Wednesday, 25 Dec 2019 11:58 AM MYT

Deputy Finance Minister Datuk Amiruddin Hamzah said the United States -China trade war, the unrest in Hong Kong and Brexit had lowered investors’ confidence to invest in developing countries, hence impacting the regional economies. “We also welcome foreign investments, especially from developed economies such as China, the US, Japan and South Korea,” he said yesterday on theHe noted that the government had also taken the initiative to provide an easier and faster route for foreign investors keen on investing in the country.

For this year, Amiruddin said, the government was positive about attaining the GDP growth forecast of between 4.3 per cent and 4.8 per cent.

 

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