Malaysia's economy still expands amid uncertain global economy, says Najib

Malaysia has still managed to achieve a gross domestic product (GDP) growth of 4.3 per cent despite an uncertain global economic environment, says Prime Minister Datuk Seri Najib Tun Razak Thursday.

He said various efforts would be continued to be boosted to ensure that the country's economy is stable and balanced to become a high-income nation.

"I believe we can achieve this with the efforts from all parties," he said in his comment on the GDP growth on his Facebook today.

"Although the global economic condition is uncertain, we have managed to achieve a GDP growth of 4.3 per cent," said Najib who is also Finance Minister.

Yesterday, Bank Negara Malaysia (BNM) announced that the country recorded a GDP growth of 4.3 per cent for the second quarter of this year compared with 4.1 per cent in the first quarter.

BNM Governor Tan Sri Dr Zeti Akhtar Aziz said domestic demand was still strong and the overall performance was affected by weak external demand.

"Domestic demand continues to be strong, rising by 7.3 per cent while exports recorded a higher decline," she said in a press conference to announce the figures for the second quarter GDP.