Credit to: www.thestar.com

Malaysia's Growth To Stay Firmly Within 4-5% - Bank Negara Governor

KUALA LUMPUR: Malaysia’s economy continues to show resilient growth despite the ongoing West Asia conflict, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said.

The economy expanded 5.4 per cent in the first quarter of the year.

In an interview with Bernama, he said high-frequency indicators point to some moderation in economic activity in the second quarter (2Q) of 2026. He, nevertheless, assured that the economy continues to demonstrate resilience despite external uncertainties.

"We can expect growth to moderate, but it should still be good growth considering global developments,” he said, adding that the central bank remains confident that full-year growth will stay firmly within its 4-5 per cent forecast.

He did not rule out the possibility of full-year growth being in the upper half of that range.

"Growing at 4 to 5 per cent during this period of challenges is credible,” he said.

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