: The transition to the endemic phase and the reopening of Malaysia’s borders have clearly provided a positive impact on the national economy compared to the pandemic phase two years ago, Minister in Prime Minister’s Department Datuk Seri Mustapa Mohamed said.
“Our economy is recovering, except for external risks, such as the Russia-Ukraine war, which is challenging the world economy, including hikes in the prices of commodities, such as maize and oil, which we have to face,” he told reporters after launching a fire prevention programme in conjunction with Aidilfitri celebrations at Bukit Bunga, here today.
The National Gross Domestic Product was forecast to expand by 6.0 per cent for this year while the GDP in the first quarter was expected to record a growth of 5.0 - 6.0 per cent . “The exit-entry movement is still limited. The influx of tourists impacts on the national economy greatly such as shopping, transportation and hotel.
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