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Finance Ministry to maintain 4.9% growth projection for Malaysia | The Malaysian Insight

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Finance Ministry to maintain 4.9% growth projection for Malaysia

The government grew Malaysia's approved foreign direct investment by 48% to RM80.5 billion last year from RM54.5 billion in 2017. – The Malaysian Insight file pic, May 3, 2019.

THE Finance Ministry will maintain the 4.9% growth projection for Malaysia this year, despite the latest Nikkei Manufacturing Purchasing Managers’ Index reading indicating a possible expansion to 5.2%. Minister Lim Guan Eng said the ministry welcomes the latest PMI reading for Malaysia, which rose to its highest level in seven months at 49.4 points in April from 47.2 the previous month.

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