World Economy

Malaysia Will Meet Growth Target

Malaysia Will Meet Growth TargetMalaysia Will Meet Growth Target

Malaysia will meet its economic expansion target this year even as risks to global growth mount and greater volatility may persist in capital flows, Central Bank Governor Zeti Akhtar Aziz said, Bloomberg reported. Price pressures are “quite contained” due to lower fuel and commodity costs and slightly slower demand, Zeti said in an interview in Washington on Saturday where she attended the G-20 meeting of finance ministers and central bank governors. Until there is more clarity to the growth and inflation outlook, the current monetary stance remains accommodative and supportive, she said.