No immediate plans to revise economic growth projections following ringgit slide, says Rafizi

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ISKANDAR PUTERI: There are no immediate plans to revise projections of the country's economic growth following the fall of ringgit over the past two weeks, says Rafizi Ramli.

The Economy Minister said there there are other factors that will impact the country's gross domestic product apart from the value of ringgit.

"We need to wait for more data on the economy and trade in the next few months as the value of the ringgit alone is not the only determinant for our economic growth. He said that the fall of the ringgit was mostly due to the progress of the United States debt ceiling discussions that has also affected market sentiments.

On another matter, Rafizi also said that the government is looking into creating a regional economic zone between Johor and Singapore.

 

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